Moldova's latest economic and policy updates point to a busy week ahead, with public finances, external balances and energy-market reforms all moving in parallel. New measures affecting cross-border payments, postal shipments and investment projects are also set to reshape the business environment in the coming months.
Moldova's public debt reached a new all-time high in September, continuing to rise both compared to the previous month and since the beginning of the year. The Ministry of Finance attributes the increase to trends in domestic and external debt, while the structure of the debt is also changing, and its burden on the economy remains a focus of market attention.
Moldova's Minister of Finance, Victoria Belous, discussed with the IMF Mission the preparation of next year's state budget, wage policy, public expenditure planning, tax policy measures, and public debt management
Moldova's state social insurance budget ended the first nine months of 2026 with a deficit, while revenues and expenditures increased significantly compared to last year. Transfers from the state budget and trends in mandatory contributions played a significant role in shaping the balance, but the overall gap between revenues and expenditures persisted.
Moldova Begins Drafting Budget Laws for 2027
The European Union will make every effort to ensure that the remaining clusters are opened in the negotiations with Moldova by the end of 2026.
An IMF mission will soon arrive in Moldova: the parties have already agreed on the agenda for the upcoming talks and discussed key issues related to the macroeconomic and fiscal situation. The focus will be on measures to support the population, priorities for cooperation, and potential international assistance to continue reforms and strengthen institutional capacity.
A new phase of the Home Appliance Voucher Program (EcoVoucher), with a budget of 57 million lei, under which 8,120 families will receive support for the purchase of new energy-efficient home appliances from October 13 through November 1
Since the beginning of 2026, the National Tax Administration has collected 68.6 billion lei for the national public budget, which is 7.1 billion lei (11.5%) more than during the same period last year
Moldova explained how the gas tariff is calculated and why its increase is primarily due to external market conditions. The Ministry of Energy also highlighted the cost structure within the supply chain and announced measures it is preparing to support the most vulnerable consumers.
Moldova's domestic public debt reached a new all-time high in September, continuing the upward trend observed since the beginning of the year. This article examines which debt instruments contributed to the increase, how the structure of liabilities has changed, and what is happening with the yields on government securities.
The European Union will provide Moldova with a new tranche of funding linked to the implementation of reforms, and the funds will be transferred directly to the state budget. The authorities have already reported on some of the commitments they have fulfilled and expect further increases in support as reforms in key sectors of the economy and public administration move forward.
The Ministry of Finance outlined its key priorities for the near future: preparing the 2027 budget, reforming the wage system, adjusting tax policy, and updating the public procurement mechanism. At a meeting with the business community and local authorities, issues were also discussed that could significantly affect local revenues, financing, and investment conditions.
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