Over the past ten years, the National Bank of Moldova’s sanctions policy has gone through several phases: from targeted fines of tens and hundreds of thousands of lei in 2017–2020 to individual sanctions amounting to tens of millions of lei in 2022, and subsequently to a more systematic tightening of supervision in 2025–2026.
Since the EUR became the base currency of the National Bank of Moldova (NBM) for determining the exchange rate of the MDL and conducting currency interventions (January 2, 2025), the country’s national currency has depreciated by 5.58%.
The beginning of 2026 is marked by a series of decisions and processes that will largely set the financial trajectory of Moldova for the coming year. The focus is on the National Bank’s policy, inflation dynamics, the state of foreign exchange reserves and the Moldovan leu exchange rate.
Representatives of the free professions in the field of justice, as well as private family doctors may be deprived of the discount on the compulsory health insurance policy, provided when paying contributions until the end of March. This amendment to the Law on Funds of Compulsory Health Insurance for 2026 was supported by the government at a meeting on December 23.
The Court of Accounts revealed systemic violations in the management of museums in Moldova, which are on the balance sheet of the Ministry of Culture.
In the Transnistrian region in 2026, zero import customs duty on eggs of domestic chickens will be maintained and indicative prices for corn exports will be introduced.
The export of Moldovan goods to Russia in January-October 2025, compared to the same period of 2024, decreased by 11.4% – to $91 million.
Moldova will strengthen regional cooperation with Romania, Ukraine and the Energy Community and expand the use of renewable energy sources.
Chisinau airport will be expanded by about 5 thousand square meters (+30%), and the total investment is estimated at 140-145 million lei.
Moldova and Ukraine advocate the speedy implementation of the Ungheni-Chisinau-Odessa expressway project and the construction of the Cosauti-Iampol bridge.
A special legal regime – economic state of emergency – has been introduced in the Transnistrian region for 30 days. The regional Supreme Council on Thursday at an emergency session approved the relevant decree of the regional head Vadim Krasnoselsky. The document will come into force 6 hours after its promulgation.
There are 81 companies with Chinese capital operating in Moldova, and in terms of invested capital China ranks 51st among the main investors in our country.
Moldova has about 1,000 MW of installed renewable energy capacity and all of these producers are potential sellers of electricity on the exchange.
In November 2025, the global economy was relatively stable, and 2026 gas prices in Europe are expected to decline further.
In Moldova, the zero tax rate on reinvested profits of small and medium-sized enterprises will remain in force in 2026.
All financial obligations to farmers on subsidies will be fulfilled and the current mechanism will be modernized and harmonized with European practice.
In 2026, state insurance premiums for certain categories of taxpayers who are individually insured will increase by 11.5%.
A threefold increase in any indicator in the banking market can hardly be considered an ordinary event. This also applies to the National Bank’s increase in the countercyclical capital buffer rate for exposures from loans in Moldova from 0.5% to 1.5% of the total value of the exposure to risk. This wording seems complicated to explain, but it is not difficult to understand.
Moldova will create a clearer and more transparent legal framework in the field of state property management. This is stipulated by the relevant amendments to the Law on the management and denationalization of public property, which the Parliament adopted in the first reading. The document was developed by the Ministry of Economic Development and Digitalization.
The Moldovan Parliament adopted in the second reading amendments to the Law on State Budget for 2025, increasing its deficit by 304.6 million lei (+1.7%) – up to 18 billion 211 million lei.
