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Category: Moldova’s Economy
The representative office of the World Bank Group in Moldova has revised the country’s economic development forecast for the medium term, raising the expected GDP growth in 2025 from 0.9% to 1.5%, – reports Logos Press.
Economy and Digitalization Minister Eugen Osmokescu said that Moldova’s GDP can be increased by 5-8% by continuing the regulatory reform, supporting startups and local production, attracting “anchor” companies and implementing innovations, including artificial intelligence, Logos Press reported.
The total project budget is $59.8 million. The project is financed by a loan from the International Bank for Reconstruction and Development (IBRD) and two grants ratified by Parliament in 2023. The project implementation period is from October 2023 to December 2029. Its main objective is to strengthen the educational infrastructure and improve the quality of the teaching and learning process.
The state has not learned to spend even other people’s money on the development of the country. Foreign aid is spent mainly on salaries and pensions and other current expenditures. In other words, it is eaten up. It is not always possible to “digest” the money for capital investments. The Accounts Chamber gives figures and reasons for such “indigestion”.
Most of the external loans and grants, according to the annual report of the Audit Chamber, were used last year to support the budget, while the absorption of development money was not complete, Logos Press reported.
Moldovan economists presented an even more pessimistic forecast of annual development results than their foreign colleagues, who were not generous to the country this year either, – Logos Press reports.
A sample statistical survey in the fourth quarter of 2025 predicts relative stability in the economic activity of businesses, especially in manufacturing and construction, Logos Press reported.
In October, the government extended the National Program for the Development of the Public Procurement System for the next two years. The pace of change impresses neither the executive branch itself, which has been trying to become more active recently, nor the experts, who see a whole pile of unresolved problems.
The 3.3% annual growth in industrial production in August 2025 was driven by the manufacturing sector, whose selling prices have risen, Logos Press reported.
S&P has assigned Moldova a “BB-/B” rating with a stable outlook, noting the commitment to reforms, fiscal prudence and gradual recovery of the economy, Logos Press reports citing the Investment Agency.
Progress in convergence with the EU legislation on the chapter “Free movement of capital” is visible to the naked eye. Liberalization of currency regulation has been underway for a number of years. Now it has entered a decisive stage. Anca Dragu, the governor of the NBM, admits that her experience will allow the National Bank to play a leading role in the negotiations with the EU on this issue. The thirst for investments, however, does not guarantee their arrival. The free movement of capital brings with it, according to experts, many other …
The National Bank summarized the performance of the insurance market participants in the first half of the year, noting the improvement of the sector’s financial reliability, despite the decline in profitability.
