The Central Election Commission has established limit of funds to be transferred to the bank account "for the initiative group" to support the candidate for President of Moldova.

According to the CEC decision, the overall limit of the funds to be paid into the account of "the initiative group" shall be set taking as a basis the coefficient multiplied by the maximum number of signatures needed to be collected by the initiative group who collected signatures in support of a a candidate for election. In accordance with Article 102 para. (1) of the Election Code, all candidates for the position of President of the Republic of Moldova submitted petitions containing signatures of at least 15.000 and no more than 25.000 voters in at least half of number of administrative-territorial units of the Republic of Moldova.

For this election, the size of the coefficient was set at MDL 23.05. Thus, the limit on funds that can be transferred to the bank account "for the initiative group" to support the candidate for President of Moldova is MDL 576.250.

CEC also approved the schedule for implementing the activities of the organization and conduct of elections of the local mayor of Iserlia commune, Basarabeasca district, village Bucuria, Cahul district, Gălăşeni commune, Riscani and Găleşti commune, Straseni district dated October 30, 2016.

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