InfoMarket Economic News Agency morning review 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
• The government is increasing the 2026 state budget deficit by 2.17 billion lei - to 23.07 billion lei, or 5.95% of GDP: revenues have been raised by 600.5 million lei and expenditures by 2.77 billion lei. For 2027, the Cabinet aims to reduce the deficit to 3% of GDP.
• Since the beginning of the year through August 28, the State Tax Service transferred 58.6 billion lei to the national public budget, 11.6% more than a year earlier; 24.39 billion lei went to the state budget (+14%).
Energy and Resources
• ANRE increased the mandatory gas reserve for the company supplying Transnistria from 53.73 million to 135.97 million cubic meters; the full volume must be built up by November 1. For other suppliers on the right bank, the total mandatory reserve for the 2026-2027 season is 140.35 million cubic meters and has been redistributed to reflect the liberalization of the large-consumer market.
• The World Bank and Moldovan authorities decided to complete the second project to improve the efficiency of Chisinau's centralized district heating system after a repeated procurement for two cogeneration units did not result in a contract. A new project to consolidate electricity and heat generation capacity is being considered.
Government Regulation
• The government approved amendments to strengthen the independence of the National Bank of Moldova and reinforce the ban on direct financing of the public sector with central bank resources; the provisions also prepare the legal basis for the NBM's future participation in the European System of Central Banks.
• The new Investment Law introduces a single regime for domestic and foreign investors, the concept of strategic investments, a single contact point for major projects and separate rules for investor-state dispute settlement; the bill has been recommended to Parliament for adoption in the first reading.
• The first stage of voluntary amalgamation was completed by 561 municipalities, about 63% of the total. A 4.5 billion lei fund is provided to support mergers; from January 2027, the new municipalities will be able to receive 3,000 lei per resident for investment, while the package on regulatory amalgamation is planned to be submitted for consultation in September.
Investments and Projects
• For the expansion of Giurgiulesti Port, the government approved the expropriation of an additional 0.6-hectare plot; compensation to the owner will be determined on the basis of the pre-expropriation valuation. The decision resolves the remaining land issue for the port's further development after the operator passed under the management of the Port of Constanta.
Banking and Finance
• Maib will launch its sixth corporate bond issue worth 200 million lei on September 7: 10,000 bonds with a face value of 20,000 lei each, a 3-year maturity, a floating coupon with a fixed 1.5% margin, and monthly interest payments.
Agriculture
• Parliament will consider temporary licensing for imports of grains and oilseeds: the government proposes limiting the regime through October 31, 2026, with no extension, while the author of the initiative proposes keeping it until the end of 2027. Licenses will be free of charge, and imported goods may not be resold or re-exported.
• Under the FCA preferential agricultural lending program, 769 enterprises have received 655.65 million lei in loans and 65.68 million lei in grants since March 2025; the interest rate is 5.1% per year, the maximum loan is 5 million lei, and the grant component is up to 30%.
Social Economy
• The 2026 state social insurance budget is increasing by 1.37 billion lei - to 52.83 billion lei; 550 million lei is earmarked for energy compensation. The government plans to tighten eligibility criteria and is seeking additional external financing.
• Mandatory health insurance fund revenues are increasing by 167.45 million lei - to 19.00 billion lei, while expenditures rise to 19.38 billion lei with the deficit unchanged at 385.21 million lei; 157 million lei of the additional funds will be allocated to inpatient care.
Day in Numbers
23.07 billion lei | 2026 state budget deficit. |
5.95% of GDP | 2026 state budget deficit as a share of GDP. |
135.97 million cubic meters | mandatory gas reserve for supplying Transnistria. |
52.83 billion lei | state social insurance budget revenues and expenditures after adjustment. |
19.38 billion lei | mandatory health insurance fund expenditures after adjustment. |
4.5 billion lei | incentive fund for voluntary municipal amalgamation. |
655.65 million lei | preferential loans to agricultural enterprises under the FCA program since March 2025. |
200 million lei | volume of maib's sixth corporate bond issue. |
AGENDA
• September 3 at 10:00 - the National Bureau of Statistics will publish labor force, employment and unemployment data for Q2 2026.
• September 3 at 14:00 - the NBS will publish data on job vacancies for Q2 2026.
• September 3 - a delegation of 11 members of the French National Assembly will visit Meltin Factory in the Chisinau Free Economic Zone; discussions will cover investors' experience, the business climate and prospects for Moldovan-French economic cooperation.