Moldovan Government approved the 2024 draft budget

No time to read?
Get a summary

The Moldovan government approved the draft 2024 budget with a deficit of 15.5 billion lei ($880 million). writes about this TASS.

Budget revenues are expected to increase by 1.3% to 66.6 billion lei ($3.7 billion), while expenses are expected to decrease by 2.2% compared to the previous year to 82.2 billion lei ($4.6 billion). .

It is stated that 55 percent of the current account deficit will be covered by loans and 15 percent by grants.

The project envisages the country’s defense expenditures to increase by 15 percent to 102 million dollars, which will constitute 0.53 percent of the country’s GDP. The draft budget also foresees an increase in salaries and pensions.

Before that, Moldovan Foreign Minister Nicu Popescu statedHe is using the OSCE ministerial meeting in North Macedonia to call on the Russian Federation to withdraw its troops from Transnistria at the OSCE meeting.

As Popescu stated, he discussed this issue with the ministers of many EU member states, including Romania, Spain, Czech Republic, Denmark and France, at the meeting he held on November 29. The head of the Moldavian Ministry of Foreign Affairs added that Chisinau is in favor of a completely peaceful solution to the Transnistria conflict.

Previously Moldovan authorities in the name Resign to avoid conflict.

No time to read?
Get a summary
Previous Article

Spain already devotes one in every 10 hectares to organic products

Next Article

OSCE Chairman-in-Office answered the question regarding the exclusion of Russia