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The economy of Moldova is an emerging [1] ... Fiscal policy remained tight, ending 2007 with a modest deficit of 0.3 percent of GDP. ... $587m in 2022, $410m in 2021 ...
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This is not well-received in Transnistria, a breakaway unrecognized state internationally recognized as part of Moldova, which demands its recognition as an independent state. [5] 26 April – 2022 Transnistria attacks: Moldova's Supreme Security Council convenes an emergency meeting after yesterday's attacks in the breakaway Transnistria.
The 2022 Russian invasion of neighboring Ukraine has triggering a massive influx of refugees into Moldova. [8] These difficulties have amplified the significance of the 2025 parliamentary elections, with President Sandu characterizing the election as “a final battle” on Moldova's road to EU membership.
Moldova is the second poorest country in Europe by GDP per official capita after Ukraine and much of its GDP is dominated by the service sector. [23] It has one of the lowest Human Development Indexes in Europe, ranking 76th in the world (2022). [12] Moldova ranks 68th in the world on the Global Innovation Index as of 2024. [24]
Ministry of Economy of Moldova was founded on 1 June 1990, as Ministry of National Economy of SSR Moldova, while Moldova was part of Soviet Union. Over years, it was restructured a few times and renamed, as follows: Ministry of Economy and Finance (1991–1992) Ministry of Economy (1992–1997) Ministry of Economy and Reforms (1997–2001)
Changes to Moldova's election code enter force, excepting those for regional elections, that are bound to enter force on 1 January 2024. [2] 14 January – Due to a wave of Russian missile strikes against Ukraine during the 2022 Russian invasion of Ukraine, a missile falls within the territory of Moldova, in the village of Larga. [3] [4]
In October 2022, the Russian state-owned company Gazprom announced it would reduce its gas deliveries to Moldova by 30%, including Transnistria, an unrecognized separatist state supported by Russia and internationally recognized as part of Moldova. This caused a heavy gas deficit in Transnistria that caused several large companies in the ...