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In the first six months of 2026, the National Health Insurance Company generated revenues of approximately 7.3 billion lei. These revenues increased by 444 million lei, or 6.5%, compared to the same period in 2025.

Based on the results of the first quarter of 2026, insurers increased their profitability, overcoming regulatory costs and the sector’s rising loss ratios in recent years. Insurance companies nearly doubled last year’s figures, posting a combined net profit of 68.7 million lei, as reported by eight of the nine operating companies.

Municipal bonds are a promising financial instrument characterized by low costs, transparent allocation of funds, and—just as importantly—effective oversight of their use. They are already emerging as a clear alternative to bank loans for local governments.

In the first six months of 2026, tax revenues administered by the State Tax Service (STS) increased by 11.4%.

The State Tax Service has awarded 100 businesses in Moldova with “Highly Trusted Taxpayer” certificates. Under the law, these businesses are exempt from tax audits for two years.

In June 2026, 68 micro and small farms received funding totaling 46.7 million lei under the “Agricultural Credit Facilitation” (FCA) program. In total, between March of last year and June of this year, 649 farms in this category received refinancing totaling 554.20 million lei through the FCA program.

According to preliminary data, in the first quarter of 2026, Moldova’s current account deficit decreased by 17.1% compared to the same period last year, amounting to -806.2 million euros. This change was driven by a reduction in the foreign trade deficit.

The total assets of Moldova’s banking sector reached 189,899.0 million lei at the end of 2025, an increase of 11.5% compared to the previous period. This trend reflects confidence in the stability of the financial system and the banks’ ability to support the growth of the national economy, according to the annual report of the National Bank of Moldova.

The Ministry of Finance has developed a mechanism for applying VAT and excise taxes to goods imported into Moldova by business entities registered in Transnistria.

In addition to the existing environmental fees that are currently paid into the budget, new fees will be introduced into the law, increasing the tax burden on businesses that violate environmental regulations in the course of their operations.

A new category of bank customers—financially vulnerable consumers—will be introduced in Moldova. Commercial banks will be required to provide a basic package of services to these customers free of charge. However, the group of such customers will be strictly limited.

The National Bank of Moldova (NBM) ended 2025 with a loss of 873 million lei, while the year before, the regulator posted a record net profit of 6 billion lei. Over the year, the financial result deteriorated by almost 7 billion lei, according to the published financial statements.

The World Bank can provide the Moldovan government with specialized technical assistance in assessing the impact of reforms, phasing in tax changes, and analyzing compensatory measures.

Moldova is required to transpose the provisions of Regulation (EU) 2023/1114 on crypto-asset markets and amending Regulations (EU) No. 1093/2010 and (EU) No. 1095/2010, as well as the MiCA Regulation, by December 2026.

As part of the fiscal and tax policy for 2027, the Ministry of Finance is proposing to repeal the provision requiring regulatory authorities to give advance notice of upcoming tax audits at businesses. Business representatives disagree with this change.

A flat VAT rate of 20% on natural gas, electricity, and heating will lead to the impoverishment of citizens and the weakening of the national economy.

The total volume of net remittances from abroad to individuals in May exceeded $170 million. Nearly 80% of these transfers were denominated in the euro. Such volumes of remittances have a multifaceted impact on macroeconomic indicators, serving as a key component of the balance of payments and a source of support for consumer demand.

The rise in global oil and food prices is indeed putting inflationary pressure on Moldova’s economy. However, the key risks facing the country right now are different: inefficient borrowing and rising budget expenditures—this is precisely what sets Moldova apart today.

The World Bank Group announced that it is closing its official Facebook page dedicated to the Republic of Moldova in order to focus its communications on projects in that country on the regional platform for Europe and Central Asia.

The list of jurisdictions with which Moldova automatically exchanges information on financial accounts will be significantly reduced. The relevant draft order has been developed by the Ministry of Finance and is open for public comment through July 6, 2026.
