In January, customs under-reported 100 mln. lei
The shortfall was due to excise taxes. They were collected in January 2026 by 99.8 million lei less than in January 2025. According to experts, one of the reasons is that last year, car dealers stocked more goods than usual because of the changes in the taxation of cars, planned from the beginning of this year. From January 2026 it was planned to replace excise taxes with VAT. Although these changes were reversed at the end of the year, this year’s import figures are down on last year’s figures.
The tax authorities collected 15.2% more
The revenues administered by the State Tax Service, on the contrary, increased by 15.2% in January this year compared to last year’s figures – up to 3,047.7 million lei.
On the whole, in January 2026, the total state budget revenues amounted to 5,387.8 million lei. They, as well as the sum of accumulated taxes and fees amounting to 5,346.0 million lei, are 3% higher this year than last year.
Revenues from projects financed from external sources increased by 1.7%, amounting to 41.8 million lei. Moldova received less grants this year – 30.3 million lei against 35.2 million lei.
State budget expenditures and non-financial assets amounted to 7,562.7 million lei. Compared to the same period of 2025, they increased by 5.8% (417.9 million lei).
The state budget execution at the end of January 2026 ended with a deficit of 2,174.9 million lei. The sources of deficit financing were formed from internal sources in the amount of 4,696.5 million lei, external sources (-161.3 million lei) and changes in the cash balance (- 2,360.3 million lei).
