Morning review by the InfoMarket Economic News Agency based on the previous business day: key news, important economic indicators and upcoming events. Available by subscription: plus@infomarket.md // +373 79 119 100 // Every day at 7 a.m. - in your inbox.
Macroeconomics
• Moldova's total external debt at the end of the first half of the year reached 10.42 billion euros, up 5.1% since the beginning of the year; the debt-to-GDP ratio rose to 56.9%. External public debt amounted to 4.36 billion euros and private external debt to 6.06 billion euros.
• Revenues to the national public budget administered by the State Tax Service totaled 66.8 billion lei in January–September, up 11.5% year on year. Of this amount, 28.14 billion lei was transferred to the state budget, 23.04 billion lei to the social insurance budget and 7.82 billion lei to health insurance funds.
Energy and Resources
• From October 1, the natural gas tariff for Energocom household customers rose by 28.8% to 24.2 lei per cubic meter excluding VAT, or 26.14 lei including VAT. Heat supplied to Termoelectrica customers rose by 62.2% to 3,277 lei/Gcal, while the CET-Nord tariff increased by 53.3% to 3,374 lei/Gcal.
• A record 7,427.90 MWh was traded on the day-ahead electricity market for delivery on October 2 — about 60% of the country's consumption; the average price was 2,592.29 lei/MWh, or 128 euros/MWh.
• The Ministry of Energy has opened consultations until October 21 on amendments to the Electricity Law: they expand the use of long-term power purchase agreements, create a framework for energy storage systems and new mechanisms to support generation, and introduce clearer rules for grid connections.
External Economy and Trade
• About 57% of Moldovan exports go to the EU, while EU countries account for 70% of foreign direct investment in Moldova. In January–July, trade with Germany reached $588 million, up 27% year on year.
• Grain exporters warn of a risk of slower shipments at the beginning of the fourth quarter due to restrictions on routes via Sulina, the Danube and the railway toward Constanța. Longer delivery times increase transport costs and may reduce purchase prices paid to producers.
Government Regulation
• The government presented a concept for reforming second-level local administration: the 32 districts are proposed to be reorganized into the North, Central and South regions, while Taraclia would receive second-level municipality status. In 2025, the combined budgets of the districts totaled about 9 billion lei, of which 77% was allocated to education.
• The draft law on compensation for damage caused by anticompetitive agreements and abuse of a dominant position provides for full recovery of actual damages, lost profits and interest, access to evidence through the courts and a five-year limitation period.
International Relations
• Moldova has already received about 500 million euros from the EU Economic Growth Plan; the European Commission is assessing reform implementation for the disbursement of the next 157 million euro tranche. Forty reforms are to be completed by December, with another 57 planned for 2027.
• Moldova and Romania signed a new customs cooperation plan providing for electronic data exchange, joint risk analysis, anti-fraud measures and the facilitation of cross-border trade.
Investment and Projects
• Five local administrations will attract 2.95 million euros to improve the energy efficiency of six schools and preschools: 1.39 million euros will be provided by Nefco, 1.1 million euros through E5P grants and about 458,000 euros from local budgets. Expected annual savings for the beneficiaries are about 5.54 million lei.
• The Public Property Agency and Chișinău Airport are discussing ways to accelerate procurement for the renovation and expansion of the existing terminal to accommodate growing passenger traffic.
Banking and Finance
• In the first 11 months after joining SEPA, about 1.1 million transfers totaling 7.6 billion euros were processed; the NBM estimates savings for citizens and businesses at about 15 million euros. By August, SEPA accounted for 87% of all Moldova's cross-border euro payments.
• The MIA instant payment system has surpassed 1 million users and connected more than 12,000 businesses. The NBM is also exploring the possibility of integrating MIA with the European TIPS instant payment infrastructure.
Agriculture
• Until October 30, farmers can apply under the first calls of the Strategic Agricultural Policy Program for 2026–2030. Young and beginning farmers can receive up to 70% of project costs, capped at 3 million lei, while small farmers and family farms can receive 60–70%, capped at 2 million lei.
• AIPA received 185 applications totaling 19.64 million lei to compensate part of the insurance premiums under agricultural contracts signed in 2025; payments will be made within the funds available in the National Fund for Agricultural and Rural Development.
Business and Companies
• Incomlac plans to increase its share capital by 21 million lei through a private placement of 420,000 shares; if fully subscribed, the company's capital will rise to 50.60 million lei. The proceeds are intended for the company's development.
Social Economy
• The population aged 60 and older reached 611,900 people, or 25.9% of the population; over two years, the share of older people increased by 0.7 percentage points. The average old-age pension in 2025 was 4,435.6 lei, up 11.3% year on year.
Day in Figures
10.42 billion euros — Moldova's total external debt at the end of the first half of the year. | 66.8 billion lei — revenues to the national public budget in the first nine months. |
26.14 lei/m³ — natural gas tariff for household consumers including VAT. | 3,277 lei/Gcal — new Termoelectrica heat tariff. |
500 million euros — already received by Moldova under the EU Economic Growth Plan. | 157 million euros — amount of the next tranche being prepared by the EU. |
7.6 billion euros — value of SEPA transfers in the first 11 months. | 2.95 million euros — investment in energy efficiency for six schools and preschools. |
AGENDA
• At 11:00, Parliament will hold a plenary sitting. The agenda includes draft legislation on direct taxation and excise duties, the law on central securities depositories, amendments in the irrigation sector, and the declaration of national public utility for works to build and develop Moldova HiTech Park.
• At 09:30, Prime Minister Vasile Tofan and European Commissioner Valdis Dombrovskis will hold a press conference; the previous day, the sides discussed the EU Economic Growth Plan for Moldova and preparations for the next 157 million euro tranche.
• At 10:00, Power UP – Moldova Energy Forum 2.0 will take place as part of Moldova Business Week 2026; the main topic is investment and modernization of the energy sector.
• On October 2, the final day of Moldova Business Week 2026 will also feature Fintech Moldova Conference 2026 and Moldova Logistics Forum, focusing on financial digitalization and the development of logistics infrastructure.
• On October 2, the international conference organized by the NBM, the Bank of France and the National Bank of Romania on policy coordination for European convergence will continue; more than 120 participants from central banks, public authorities, international organizations and the financial sector are expected.
• European Commissioner Valdis Dombrovskis continues his visit to Chișinău on October 2; the program includes meetings with the government, the NBM, business representatives and Parliament's committee on economy, budget and finance.