Moldova
Government and institution measures in response to COVID-19.
Government and institution measures in response to COVID-19.
Return to homepage | Last updated: 24 June, 2020
Tax measures – Direct and Indirect
(e.g. payment deferrals, rate reductions…)
Click here to see a comprehensive summary of jurisdictional tax measures and government reliefs in response to COVID-19.
Employment-related measures
(e.g. state compensation schemes, training…)
Economic stimulus measures
(e.g. loans, moratorium on debt repayments…)
- The National Bank of Moldova decreased the base rate applied to the main short-term monetary policy operations by 2.25 percentage points to 3.25 percent, decreased the required reserve ratio in local currency by 6.5 percentage points to 34 percent, while the required reserves ratio in freely convertible currencies increased by 1.0 percentage point to 21 percent. These measures were taken with a view to support the economy, ease liquidity conditions, and enhance financial system resilience.
- The Executive Board of the National Bank of Moldova (NBM) approved a decision that allows licensed banks to postpone or change the payment deadlines and/or the amounts of due payments on loans granted to economic agents until 30 June 2020. The change in the aforementioned deadlines will not have the effect of automatic classification of these loans into a tougher category than the existing one, as of the date of adoption of this decision.
