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By 2029, Moldova’s budget deficit as a percentage of GDP must be reduced by at least 2 percentage points compared to 2026; the country needs tax reform, predictable tax rules, and fiscal discipline - Vasile Tofan

By 2029, Moldova’s budget deficit as a percentage of GDP must be reduced by at least 2 percentage points compared to 2026; the country needs tax reform, predictable tax rules, and fiscal discipline - Vasile Tofan

21.07.2026

He made this statement on Tuesday while presenting his government’s action plan and the Cabinet’s membership to parliament as Prime Minister-designate. According to him, entrepreneurs need predictability, the state needs revenue, and society needs fairness. “By 2029, the budget deficit as a percentage of GDP must be reduced by at least 2 percentage points compared to the 2026 level. Tax revenues as a percentage of GDP must increase by at least two percentage points. We cannot achieve these results by constantly placing additional pressure on the very taxpayers who are already paying their...
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