OREANDA-NEWS. March 11, 2013. Moldovan States Savings Bank (BEM) will receive 200 million lei to increase its social capital. The government has taken a decision to this end by approving a draft law, which provides for the amendment and completion of the law on state budget for 2013.

The draft was presented to the cabinet by Finance Minister Veaceslav Negriuta. According to him, the proceeds needed to increase the BEM?s capital will come from the redirection of 200 million lei, initially designed for repayment of a part of the internal debt to the National Bank. “The thing is not about additional allocations, but about a redirection of already included 2013 budget means to other priority,” Negruta said.

Due to the amendments, the total spending and the budget deficit for 2013 will increase by 200 million lei.

The draft is to be approved by the parliament.