IMF revises its estimates of global economic developments

The International Monetary Fund (IMF) has revised its estimates for the world economy this year. After growing by 3.4% in 2022, the world economy will slow to 2.8% in 2023, 0.1 percentage points less than forecast in January, according to the latest World Economic Outlook published on Tuesday by the international financial institution. According to the report, the global economy is recovering very slowly from high inflation and the consequences of the Russian invasion of Ukraine.

Energy Minister Victor Parlicov: The Black Sea submarine power cable will also bring electricity to Moldova

The submarine power cable linking Azerbaijan, Georgia and Romania under the Black Sea will bring affordable electricity to the region, which will also benefit the Republic of Moldova. The statement was made by Energy Minister Victor Parlicov after a meeting with Georgian Ambassador to Moldova Levan Diasamidze.

Experts: the interconnection of Moldova's high-voltage lines with Romania, a priority for Moldelectrica

The interconnection of Moldova's high-voltage lines with its Romanian partners is a priority for Moldelectrica, said experts who attended a working meeting with Transelectrica representatives.

Ukraine resumes electricity exports to Europe

Ukraine has resumed electricity exports to Europe after a six-month hiatus caused by Russian missile attacks on its energy infrastructure, Ukrainian Energy Minister Gherman Galuscenko announced, reports Agerpres.

Republic of Moldova interested in Chinese companies' experience in renewable energy storage and transport transition to electric vehicles

The Republic of Moldova is interested in taking over the experience of Chinese companies in storing energy produced by renewable installations, as well as in transitioning public and private transport to electric vehicles, Energy Minister Victor Parlicov told a meeting with China's ambassador to Moldova, Yan Wenbin.

World Bank forecasts 2% growth of the world economy in 2023

The World Bank has revised the outlook for the global economy for this year slightly upwards to 2%. World Bank president David Malpass warned, however, that the current turmoil in the banking sector and rising oil prices could slow the rate of growth of the global economy in the second half of 2023, Biziday reports.

Dorin Recean: Promoting exports with local products means more jobs

Promoting exports with local products means more jobs in Moldova, Prime Minister Dorin Recean told the opening of the round table on economic diplomacy. According to the Prime Minister, this means diversifying markets, attracting investment and developing new infrastructure projects.

Electricity could become cheaper. ANRE has announced the date of the meeting to approve the new tariffs

The National Energy Regulatory Agency's Board of Directors will meet on Wednesday 12 April to consider and approve new electricity tariffs.

Energocom will consider the possibility of resuming electricity imports from Ukraine

Energocom will consider the possibility of resuming electricity imports from Ukraine, as the neighbouring country recently announced that it will be able to export electricity to the European market again, the company's director Victor Bânzari confirmed to Radio Moldova.

The Republic of Moldova borrows 25 million dollars for fixing irrigation systems

The Republic of Moldova borrows 25 million dollars for fixing irrigation systems. An agreement to this effect will be signed on May 10 between the World Bank and the Ministry of Agriculture and Food Industry from Chisinau.

Top seven moldovan products exported to the European Union in 2022

The European Union remains the main commercial partner of the Republic of Moldova, with Moldovan products gaining an increasingly solid place on the shelves of European stores. The delegation of the European Union in the Republic of Moldova presented a list of the most popular Moldovan products on the EU market.

Vadim Ceban: Moldovagaz will request the revision of the gas tariff by Easter

In the coming weeks, the gas tariff could be reduced. The statement was made by the president of the Board of Directors of Moldovagaz, Vadim Ceban, in a show on N4. He said that in the next period the calculations will be sent to the National Energy Regulatory Agency (ANRE).