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Moldova's economy is going through a difficult period, but the country remains on the right track - Doina Nistor

Moldova's economy is going through a difficult period, but the country remains on the right track - Doina Nistor

As Minister of Economic Development and Digitalization noted, in the first quarter of 2025, the country's GDP declined by 1.2% compared to the same period last year, largely due to a decline in exports of goods (-19%) caused by drought and disruption of global value chains, as well as an increase in imports (+21%) amid rising domestic consumption and investment. "We also have good news! The economy is showing clear signs of adaptation and structural consolidation: exports of services, up 9.5%, accounted for almost half of total exports. Investment is up 16% in equipment, construction, and infrastructure. The ICT sector is growing steadily and accounts for 8.1% of GDP. Wages and incomes rose by 7.7%, supporting domestic consumption," Doina Nistor emphasized. According to her, the direction is clear: smart investments, structural transformation, EU orientation, and value-added services. "Moldova is showing resilience, but it needs perseverance and a long-term vision. We are counting on entrepreneurs, on investment in education and digitalization, on the support of European partners, and on the measures in the Growth Plan. We are continuing to take decisive steps to build a competitive, sustainable, and European Moldova," said the Minister of Economic Development and Digitalization. // 17.06.2025 — InfoMarket.

News on the subject

Recent years have been decisive for the wine sector of Moldova, investments have been made in quality, traceability, international promotion and sustainability, Moldovan winemakers have received more than 7,500 international medals, 58% of which are gold – Ministry of Agriculture.
Recent years have been decisive for the wine sector of Moldova, investments have been made in quality, traceability, international promotion and sustainability, Moldovan winemakers have received more than 7,500 international medals, 58% of which are gold – Ministry of Agriculture.
Moldovan Parliament has passed in the second reading a law providing for the introduction of reverse VAT charging on the electricity and gas market
Moldovan Parliament has passed in the second reading a law providing for the introduction of reverse VAT charging on the electricity and gas market
The Moldovan Parliament has passed in the second reading a bill aimed at supporting the digital economy and electronic services
The Moldovan Parliament has passed in the second reading a bill aimed at supporting the digital economy and electronic services
Parliament passed in the second reading a law aimed at strengthening Moldova’s energy security, including in the Transnistrian region, and accelerating the process of liberalizing the natural gas market
Parliament passed in the second reading a law aimed at strengthening Moldova’s energy security, including in the Transnistrian region, and accelerating the process of liberalizing the natural gas market
The Moldovan Parliament approved in the first reading a new package to promote business development, which will eliminate unnecessary regulations in the private sector and save entrepreneurs up to 80 million lei per year.
The Moldovan Parliament approved in the first reading a new package to promote business development, which will eliminate unnecessary regulations in the private sector and save entrepreneurs up to 80 million lei per year.
Moldova's Ministry of Agriculture is analyzing ways to compensate fruit growers affected by spring frosts
Moldova's Ministry of Agriculture is analyzing ways to compensate fruit growers affected by spring frosts