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Moldova cuts salaries of top managers

Moldovan authorities plan to introduce salary ceilings for the heads of state bodies in order to "increase the transparency and fairness of the remuneration system", Logos Pres reported.
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Moldova cuts salaries of top managers

Among those who will fall under the law are the management of the National Energy Regulatory Agency (ANRE), the National Commission for Financial Market (NCFM), the National Regulatory Agency for Electronic Communications and Information Technology (ANRCETI).

The initiative, presented by PAS MP Larisa Novak, aims to establish uniform rules for labor remuneration in bodies financed by fees and tariffs, but not directly from the state budget.

Larisa Novak cited data according to which, over the last two years, the salaries of top managers in some structures have increased by 30-140%, reaching 100-160 thousand lei per month.

The draft law envisages several key measures. Among them – limiting the salaries of managers to 5-6 average salaries in the economy, depending on the institution. It is also proposed to introduce a ban on bonuses and allowances exceeding the established ceiling. The authors of the draft require full transparency, including the publication of salaries and their formation on official websites.

“The purpose of the law is not to punish or weaken state agencies, but to introduce a predictable and fair system of labor remuneration. Although these institutions are not funded directly from the state budget, they manage resources collected from the economy through tariffs and fees, and the way they are used should be in line with the principles of fairness and transparency. This law will reduce excessive costs and increase public confidence in the regulatory authorities,” the PAS deputy said.

The law is scheduled to be enacted on January 1, 2026, with actual implementation from February 1, 2026.

It is worth mentioning that ANRE Director General Alexei Taran’s salary for 2024 amounted to more than one and a half million lei, according to his declaration of income and personal interests. NCFM director Dumitru Budianschi received almost 1.4 million lei for the year, including salary, travel expenses and food vouchers. And the annual salary of Sergiu Gaibu, ANRCETI director, amounted to almost 1.7 million lei.


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