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Category: Banks & Finance
The calculations of those who hope to replenish the state budget by introducing a 20% VAT on car imports are too optimistic, said Valeriu Chitsan, a veteran of Moldova’s financial system and former finance minister.
The World Bank’s October report on the global economic outlook slightly improved the forecast for Moldova, raising the expected growth in 2025 from 0.9% to 1.5% of GDP forecasted in June, Logos Press reports.
In the first 9 months of 2025, the government received loans and grants worth 647 million euros, but in the same period, external debt service costs reduced the official cushion by 430 million euros, Logos Press reported.
In the first half of 2025, large taxpayers paid a total of 13.8 billion lei in taxes to the national public budget, or 35.2% of total revenues, Logos Press reported.
Farm machinery and modern equipment for crop processing were the main uses of funds provided under the soft loan program for smallholders (FCA), Logos Press reports
The European Bank for Reconstruction and Development (EBRD) has increased the limit of the unfunded risk-sharing loan for Moldova’s Bank maib from EUR 20 million to EUR 35 million, opening up a total of EUR 70 million in new financing for lending to Moldovan enterprises, Logos Press reported.
In September, the government’s domestic borrowing returned to a growth trajectory and “sponsored” the budget, according to Logos Press.
From today, October 6, 2025, transfers in euros become faster, safer and much cheaper for Moldovan citizens, sometimes even without commission, depending on the services of the respondent banks and the country, – reports Logos Press.
The Ministry of Finance has analyzed the dynamics of government securities (GS) issuance and investor profile for the period from September 2024 to August 2025, Logos Press reported.
Moldova will become a full member of the Single Euro Payments Area (SEPA) next week. This was said during a meeting that the president of the National Bank of Moldova, Anca Dragu, held in Brussels with the director general of the European Commission’s Directorate General for Economic and Financial Affairs (DG ECFIN), Martin Verwey.
The current account deficit widened by 76% to $2.026 billion in the first half of 2025, Logos Press reported.
“Financial independence starts with a simple rule: half of your income goes for current expenses, about a third for personal needs, and at least 20% for savings. If there is a ‘safety cushion’ for at least three months, you are free to choose a job, are not tied to circumstances and can afford a pause between hard stages,” says Anca Dragu, Governor of the National Bank of Moldova.
