Moldova's external public debt rose to $5.18 billion in the first eight months of 2026
Moldova's external public debt increased by $368.98 million (+7.7%) in January–August 2026, reaching $5 billion 179.59 million as of August 31
Moldova's external public debt increased by $368.98 million (+7.7%) in January–August 2026, reaching $5 billion 179.59 million as of August 31
Moldova's economy enters the autumn with mixed signals: while some sectors continue to support growth, others remain under pressure from weak demand and high financing costs. At the same time, energy tariffs, export performance, fiscal changes and financing trends are shaping a busy policy and market agenda that could affect businesses and households in the months ahead.
Sergiu Padure, Chief Economist at Moldindconbank
Moldova's economic agenda is being shaped by a mix of monetary tightening, new tax rules and fresh infrastructure funding, while exporters and businesses are adapting to shifting trade and logistics conditions. The full briefing also tracks notable changes in reserves, industrial prices, rail cargo flows and several investment projects that could matter for markets and policymakers.
The National Bank of Moldova has once again raised its benchmark rate, bringing it to its highest level in more than three years. The decision reflects a significant tightening of monetary conditions amid a series of adjustments over the past few months.
After three years of continuous decline—from approximately 1.94 billion to 1.39 billion euros—Moldova's agricultural exports resumed growth starting in the third quarter of 2025 and reached 1.79 billion euros - Veaceslav Ioniţă
Moldova's GDP growth in 2026 is expected to be 1.8%, rather than the 2.4% projected when the draft law on the 2026 state budget was being prepared.
In Moldova, public debt service costs will rise significantly in 2026: this revision is related to both domestic and external borrowing. This trend was influenced by changes in interest rates and market conditions, as well as currency revaluation.
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