Moldova remains vulnerable to all energy shocks, and if global price increases continue, the authorities will consider additional measures to support the economy - Maia Sandu
The president made this statement while answering journalists' questions following a meeting of the National Security Council on Monday. She noted that she discussed the fuel price situation with the government and parliament last week. The authorities analyzed various possible scenarios. Maia Sandu emphasized that Moldova remains vulnerable to all energy shocks, despite the measures previously taken by the authorities, as the country lacks oil and natural gas, and rising energy prices affect both households and the economy. It is unclear whether the current energy price crisis will end in the next few weeks or last longer. The head of state noted that the authorities hope the current crisis will not last long, but they must be prepared for worst-case scenarios. The President recalled that Moldova has a standard pricing mechanism for key petroleum products, which provides for a slower transition to market prices over 14 days, helping to avoid extreme volatility. "However, this does not mean that prices will not reach global prices at some point," Maia Sandu said. She noted that the authorities had previously approved an excise tax reimbursement program for agriculture worth over 100 million lei, noting that in the coming days, the government will analyze and determine what other measures can be taken to support the economy. According to the head of state, in the medium and long term, the solution remains to increase energy independence, expand renewable energy capacity, reduce energy consumption through energy efficiency projects, and so on. The President noted that the overall situation is very alarming, and if prices do not stabilize in the coming weeks, the Moldovan authorities will face serious economic consequences. Maia Sandu said the authorities discussed three possible scenarios, and the most pessimistic one assumes the global crisis will protract. In this situation, the authorities will implement the necessary additional support measures. "But no government or country, no matter how wealthy, will be able to fully compensate for all the losses," Maia Sandu said. She emphasized that in this situation, the government will propose solutions it can afford. // 23.03.2026 — InfoMarket.
