Moldova Cannot Avoid Tax Hikes Under 2027 Fiscal Policy
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Tax increases are unavoidable

As representatives of the business community had anticipated, the draft budget and tax policy for 2027 will be revised. However, it will still include provisions for tax increases and the elimination of tax breaks.
Tatiana Sichirliiscaia Reading time: 1 minute
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Victoria Belous

Victoria Belous

This was announced by Victoria Belous, the nominee for Minister of Finance. It is not yet clear what these taxes and tax breaks will be, but the government will not be able to avoid such measures due to the reforms that have already begun and the need for funds to implement them.

In particular, reforming the public sector’s compensation system will require about 6 billion lei, and the administrative-territorial reform will also place significant pressure on the budget.

In this regard, the government will have to find the necessary funds in any case. First and foremost, this will be achieved by improving tax compliance and combating tax evasion.

According to Victoria Belous, this is “the right decision.” At the same time, she noted that this will not be enough to cover all necessary expenses. So the government will still have to propose unpopular measures, she added, emphasizing that certain tax breaks are costly for the budget.

“We will develop a new draft tax policy, which will be submitted for public consultation,” she said. “It must be presented before the labor compensation law, because we cannot promise reforms without a tax policy.”


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