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Category: Banks & Finance
The 2027 draft budget and tax policy, proposed by the Ministry of Finance for public consultation, calls for reducing the income tax rate on salaries not exceeding 1 million lei from 12% to 7%. For salaries exceeding this amount, the rate would increase to 15%.
The draft tax policy for next year provides for adjustments to the tax regime for independent contractors (freelancers). Changes are proposed to income thresholds and tax rates, as well as to the rules governing the deduction of expenses incurred by companies when working with them.
Ukraine and the IMF have reached a staff-level agreement on the first review of the four-year $8.1 billion EFF program, paving the way for a new $690 million tranche.
At current prices, it’s impossible for an average family to buy a home with a mortgage. Renting is also out of the question, especially if VAT is included in the rent.
The government is strengthening the mechanism for selecting and monitoring major projects involving public investment.
Moldova and Belgium have initiated negotiations on a draft protocol amending the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Income and Capital.
Liliana Iaconi, Chair of the Parliamentary Committee on Public Administration and Regional Development, proposes abolishing the mandatory minimum property tax rate for individuals, so that local public authorities can adjust tax rates based on the economic realities of their communities.
Banking services will become more transparent and accessible. The government has approved a bill on the comparability of fees for payment accounts, switching payment accounts, and access to payment accounts with basic services. The bill will now be considered by members of parliament.
Most tax documents have already been digitized, and as of June 11, 2026, the Certificate of Registration as a VAT-Registered Entity will be issued by the tax authority without a stamp.
The Ministry of Finance has launched a public consultation on the draft tax policy for 2027. The draft will be open for public comment until June 19, 2026. The Ministry of Finance will take into account suggestions and comments from stakeholders as it finalizes the document.
As of June 1, Belarus’s gold and foreign exchange reserves (GFXR) had declined by $228.6 million to $15.038 billion. Experts from the Eurasian Development Bank cited the reasons for this decline.
In May 2026, the Agency for the Development and Modernization of Agriculture (ADMA) allocated funding to support investments by 56 farmers. The total value of the contracts amounted to approximately 62 million lei. By comparison, in May 2025, 34 beneficiaries received funding totaling about 23 million lei. Most of the funds were allocated for the purchase of agricultural machinery and equipment.
The total income reported by freelancers in May of this year amounted to 36,109,007.73 lei, while the total flat tax calculated was 5,416,351.16 lei. This is 34.22% more than in April.
Financial professionals are reevaluating their stance on artificial intelligence, shifting from blind enthusiasm to pragmatic criticism. An international regulatory body is calling for tighter controls on the use of artificial intelligence in the financial sector after Anthropic released Mythos, which experts say poses a serious cybersecurity threat to the banking industry.
The “Nova” Group, which owns the country’s largest private postal operator, is preparing to acquire a bank and may soon become the country’s first financial inclusion bank (FIB). Negotiations are currently in full swing and could be concluded by the end of the summer, according to Ekonomicheskaya Pravda.
It may seem surprising, but it’s a fact: the government agency responsible for the state’s finances makes errors in its accounting of fixed and current assets—and these errors are quite significant.
In order to increase tax transparency and to comply with the latest technological developments, the Moldovan government intends to ratify the Amendment to the Multilateral Agreement of Competent Authorities on Automatic Exchange of Financial Account Information (AEOI). The Cabinet of Ministers will consider the relevant draft at its next meeting.
The dollar hit a near two-month high on Monday amid a strong U.S. jobs report that boosted expectations of an interest rate hike by the Federal Reserve (Fed) this year.
In anticipation of the opening of the international stock exchange, Moldova is urgently acquiring European stock market standards. The capital market legislation is complemented by a reference legal framework for the regulation of financial benchmarks (benchmarks) used in the calculation of the value of financial instruments, loans and investment contracts. This initiative is aimed at implementing an analogue of the EU Benchmark Regulation (BMR) within the framework of harmonization of the national legislation with the European Union norms.
The State Tax Service informs that some economic entities are obliged to ensure the acceptance of non-cash payments in Moldovan lei until July 1, 2026.
