Moldova's state social insurance budget ended the first nine months of 2026 with a deficit, while revenues and expenditures increased significantly compared to last year. Transfers from the state budget and trends in mandatory contributions played a significant role in shaping the balance, but the overall gap between revenues and expenditures persisted.
Moldova Begins Drafting Budget Laws for 2027
The European Union will make every effort to ensure that the remaining clusters are opened in the negotiations with Moldova by the end of 2026.
An IMF mission will soon arrive in Moldova: the parties have already agreed on the agenda for the upcoming talks and discussed key issues related to the macroeconomic and fiscal situation. The focus will be on measures to support the population, priorities for cooperation, and potential international assistance to continue reforms and strengthen institutional capacity.
A new phase of the Home Appliance Voucher Program (EcoVoucher), with a budget of 57 million lei, under which 8,120 families will receive support for the purchase of new energy-efficient home appliances from October 13 through November 1
Since the beginning of 2026, the National Tax Administration has collected 68.6 billion lei for the national public budget, which is 7.1 billion lei (11.5%) more than during the same period last year
Moldova explained how the gas tariff is calculated and why its increase is primarily due to external market conditions. The Ministry of Energy also highlighted the cost structure within the supply chain and announced measures it is preparing to support the most vulnerable consumers.
Moldova's domestic public debt reached a new all-time high in September, continuing the upward trend observed since the beginning of the year. This article examines which debt instruments contributed to the increase, how the structure of liabilities has changed, and what is happening with the yields on government securities.
The European Union will provide Moldova with a new tranche of funding linked to the implementation of reforms, and the funds will be transferred directly to the state budget. The authorities have already reported on some of the commitments they have fulfilled and expect further increases in support as reforms in key sectors of the economy and public administration move forward.
The Ministry of Finance outlined its key priorities for the near future: preparing the 2027 budget, reforming the wage system, adjusting tax policy, and updating the public procurement mechanism. At a meeting with the business community and local authorities, issues were also discussed that could significantly affect local revenues, financing, and investment conditions.
Moldova is discussing with the European Commission new measures to reduce the budget deficit and bring the financial sector into line with EU standards. The talks in Brussels also touched on tax reform, the restructuring of state-owned enterprises, and further conditions for receiving European support.
Moldova's national debt increased significantly in the first half of the year, while the structure of public debt continued to show mixed trends: some segments grew, while others shrank. The Ministry of Finance also disclosed changes in domestic and external debt, as well as in government guarantees and refinanced funds—the details show how the debt burden has changed across different parts of the sector.
Moldova has resumed payments of indexed amounts to Banca de Economii depositors who did not receive the funds owed to them in previous years
The European Commission commends Moldova's progress and urges it to continue reforms aimed at stimulating economic growth
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