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.
In Moldova, there has been a noticeable increase in demand for free consultations, informational sessions, and training programs for those planning to start or grow a business. ODA notes that new training formats for entrepreneurs, designed for different stages of startup and growth, have already been launched in the country; the full version of the article provides details on the program's reach, training areas, and future plans.
Moldova Begins Drafting Budget Laws for 2027
The 6th Moldova Trade Forum will take place in Chișinău on October 29–30
The EU and UNDP have launched an innovative financing initiative to help local authorities in Moldova identify new financing opportunities
Moldova's trade deficit increased significantly over the first eight months, although trends across major trade partners were mixed. Against the backdrop of a widening overall trade deficit, indicators for key trading partners have also changed, pointing to a redistribution of foreign trade flows.
UNDP is preparing a new country program for Moldova, which is intended to identify priorities for continued support to the country and align that support with national reforms and development goals. At a meeting in Bangkok, the parties discussed future areas of cooperation and how international assistance will align with Moldova's domestic priorities.
The National Bank of Moldova is promoting reforms that accelerate the country's integration into the European financial area and transform approaches to payment infrastructure. Discussions are centered on further regulatory harmonization, the development of modern payment services, and cooperation with European partners—details of which could prove significant for the banking sector and the market as a whole.
Moldova's exports in August 2026 totaled 268.5 million euros, down 16.2% from the previous month
Over the course of nine months, entrepreneurs gained access to financing through FACEM instruments, which is expected to significantly boost investment activity in the economy and support the creation of new jobs. The bulk of this funding came from one of the government's investment incentive programs; however, the ODA report also includes data on other mechanisms, as well as on new instruments for attracting private capital.
The Ministry of Finance partially endorsed lawmakers' proposals regarding the draft tax and customs policy for 2027, approving only some of the changes and rejecting a number of notable initiatives. The document retains and adjusts several tax and customs measures affecting households, businesses, and specific industries, and the final details are still pending approval by parliament.
Cooperation with the IMF has helped Moldova make progress in implementing reforms in various areas, including the financial sector, and the Fund's support is contributing to the implementation of economic reforms—BNM
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.
European Commissioner for Enlargement Marta Kos announced a visit to Moldova and urged the authorities to continue reforms as EU accession negotiations move forward. Brussels also made it clear that further progress could open up new opportunities for the country to receive European funding and accelerate the launch of the next stages of the negotiation process.
Moldova has officially begun negotiations with the EU on two key economic clusters that address the domestic market, competition, digitalization, and business conditions. The Ministry of Economic Development believes that this phase could have a significant impact on the business environment, companies' access to the European market, and the pace of economic modernization.
Loading…
