Eugeniu Osmochescu
“The Gulf crisis is not only affecting our state, but other countries as well. We had to revise our economic forecast downward to 2.2 percent. I think there will be another downward revision as well. We have seen that our international partners like the International Monetary Fund and the World Bank have presented their forecasts for 2026, at about 1.9%. Let’s see: already this week we have an IMF delegation scheduled to visit us and we will discuss the macroeconomic situation as well. But, unfortunately, what is happening in the Gulf cannot be predicted even for one day,” Osmokescu said on TVR Moldova.
According to the deputy prime minister, a comprehensive assessment of the impact of the Gulf crisis on Moldova will be possible by the end of the first half of 2026 – beginning of the second half of the year. The government has a plan and has developed different scenarios for the impact on the economy depending on when the conflict in the region will end, but there is still little certainty: “we do not know what will happen in the Gulf – today one price, tomorrow a completely different one”.
At the same time, if oil prices remain high – above $100 per barrel – prices in Moldova will inevitably increase by 10%,” the Minister notes.
“At the moment we are talking about a price rise of about 10% – it is inevitable. I am not talking about diesel fuel or gasoline, but about everyday goods and possibly services – this is certainly inevitable. We have also seen the forecasts of our international partners: even at the level of the European Union economy, they are talking about a slight slowdown in economic growth. But we will see, because the situation is really unpredictable,” Osmokescu added.
At the same time, the forecasts for 2027-2028 remain unchanged: growth of 3.6% is expected for 2027 and up to 4% or higher for 2028.
