The InfoMarket Economic News Agency morning review of the previous business day: key news, major economic indicators and upcoming events. Available by subscription: plus@infomarket.md // +373 79 119 100 // Every morning at 7 a.m. — in your inbox.
Foreign Economy and Trade
• In January–October, goods imports totaled 176 billion lei, while exports exceeded 63 billion lei; the trade deficit reached approximately 113 billion lei, and imports were 2.8 times exports. The largest import categories were petroleum products (19 billion lei) and natural gas (16 billion lei).
• Moldova's exports to the EU rose by 8.1% in January–August to 1.49 billion euros, although the EU share of total exports fell from 67.33% to 66.59%; exports to CIS countries increased by 11.1% to 143.04 million euros.
• Moldova and China signed a protocol on phytosanitary requirements for fresh cherry exports and agreed to finalize a similar protocol for honey; four photovoltaic power plants with energy storage systems were also discussed.
Energy and Resources
• Energocom's estimated gas purchase price for November rose from 76.35 to 87.27 euros/MWh, or approximately 14.3%; the price excludes delivery to the border and other logistics costs.
Government Regulation
• In October, the State Tax Service identified violations in 469 of 676 operational inspections (nearly 70%) and imposed penalties totaling 2.2 million lei. In November, it will intensify unannounced inspections of trade, services, auto repair shops, carriers and online platforms.
• Draft legislation on states of siege and martial law is open for consultation until November 17. It defines citizens' mobilization obligations, requirements for businesses to fulfill government defense orders, and procedures for property requisition with compensation.
• From 2027, individuals will be able to deduct medical expenses paid to multiple providers rather than just one; the existing overall limit of one average monthly wage in the economy will remain unchanged.
International Relations
• The European Commission assessed Moldova's goal of concluding EU accession negotiations by early 2028 as ambitious but achievable if the pace of reforms is maintained. Over the past 12 months, the country improved its level of readiness in 25 negotiating chapters.
Banking and Finance
• In 2026, the NBM fined three non-bank credit institutions a total of more than 13.8 million lei: Microinvest — 9.35 million, Prima Finanțare — 3.02 million and Flex Financial — 1.44 million lei.
• The NCFM identified violations and potentially unfair terms in 28 Mogo Loans credit agreements; the regulator ordered the company to remedy the violations, refund amounts collected in certain cases and review its loan portfolio.
• According to the NBM, citizens and companies saved approximately 16.4 million euros in fees during the first year of SEPA participation; the average cost of a euro transfer fell to about 1 euro.
Investment and Projects
• Shareholders of the International Stock Exchange of Moldova approved a private additional share issue worth 29.48 million lei, intended to double its share capital to 58.95 million lei.
• The Investment Agency selected 82 Moldovan companies for business missions to Germany (23), Italy (39) and Poland (20) under the EXPORT MISSIONS program.
Social Economy
• The public-sector pay reform envisages a possible increase in MPs' base salaries from 20,800 to 45,900 lei, alongside a revision of compensation payments. Additional reform costs in 2027 are estimated at nearly 5 billion lei; the final draft has not yet been approved.
The Day in Figures
113 billion lei — goods trade deficit for 10 months. | 176 billion lei — goods imports in January–October. |
1.49 billion euros — exports to the EU in January–August (+8.1%). | 87.27 euros/MWh — estimated gas purchase price for November. |
13.8 million lei — NBM fines on three non-bank lenders in 2026. | 16.4 million euros — savings on SEPA fees in the first year. |
58.95 million lei — planned share capital of the stock exchange. | 5 billion lei — approximate additional costs of the public-sector pay reform in 2027. |
AGENDA
• November 5, 10:00 — parliamentary plenary session: amendments to the Tax Code, SME legislation, energy communities and the Strășeni–Gutinaș power line project.
• November 5 — NBM Executive Board meeting on monetary policy.
• November 5, 14:00 — NBS to publish agricultural producer price data for January–September 2026.
• November 5, 13:00 — Chișinău Municipal Council meeting.
• November 5–10 — Moldova to participate with a national pavilion at the China International Import Expo in Shanghai.
• November 5 — training session for government IT specialists on technical requirements for the Single Customs Window.