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News

    The Moldovan company AGG Group is investing more than $5.6 million in the acquisition and modernization of a poultry farm in the Republic of Moldova.

    Moldova’s Economy 6 August 2026

    Earlier this week, a downward trend in fuel prices emerged in Moldova and around the world due to the drop in oil prices on global markets. This trend is taking hold, albeit very gradually.

    Moldova’s Economy 6 August 2026

    The personal tax deduction will be increased by approximately 35%—from the current 29,700 lei to 40,000 lei per year. Prime Minister Vasile Tofan made this announcement during the presentation of the tax policy draft titled “Labor. Investment. Justice.”

    Banks & Finance 6 August 2026

    The National Bank of Moldova raised its benchmark interest rate from 7% to 7.5% per annum. The decision was adopted unanimously at a meeting of the NBM Executive Committee on August 6, 2026. The reserve requirement ratio remains at 18% for lei and 26% for foreign currency.

    Banks & Finance 6 August 2026

    Moldovan Prime Minister Vasile Tofan announced an increase in the corporate income tax rate for banks and financial institutions from 12% to 18%. This measure, which increases the rate by 50%, will be temporary—lasting only one tax year as part of the 2027 budget and tax policy.

    Moldova’s Economy 6 August 2026

    FIFA President Gianni Infantino retained the support of the organization’s leadership after abandoning a controversial plan to bring in private investors for the World Cup’s commercial rights. Following a meeting in Rabat, FIFA Secretary General Mattias Grafström and the Executive Committee members in attendance reaffirmed their full support for the incumbent president, according to an official statement from the organization.

    Sport & Tourism 6 August 2026

    The Swiss Cooperation Office in the Republic of Moldova has a new director. Diplomat Richard Коли has taken the helm of the office, succeeding Guido Beltrani, who has completed his four-year term.

    Global Economy 6 August 2026

    A resident of Moldova needs to earn $28,731 a year to feel happy.

    Society 6 August 2026

    In the first half of 2026, producer prices in Moldova’s agri-food sector fell by an average of 4.6% compared with the same period last year. According to data from the National Bureau of Statistics (NBS), this trend was driven by a decline in prices for crop products, while the livestock sector saw a moderate increase in selling prices.

    Agribusiness & Winemaking 6 August 2026

    In Moldova, the thresholds within which residents may conduct foreign exchange transactions without permission from the National Bank of Moldova (NBM) will be raised from 10,000 to 100,000 euros, and from January 1, 2028, to 250,000 euros.

    Banks & Finance 6 August 2026

    Former Los Angeles police officer Eric Heylem has been sentenced to life in prison plus 15 years for stealing $350,000 worth of cryptocurrency from a 17-year-old.

    Society 6 August 2026

    Foreigners with residence permits will be able to become members of credit unions. This will strengthen and expand their opportunities—including financial and economic ones—for integration in Moldova.

    Banks & Finance 6 August 2026

    U.S. President Donald Trump has demanded an explanation from Pentagon chief Pete Hegset regarding a shortage of missiles, the Washington Post reports, citing informed sources.

    Global Economy 6 August 2026

    A startup founded by young entrepreneurs from Moldova demonstrates that even “complex” fields like accounting can be made simple, fast, and accessible.

    Technology & Innovation 6 August 2026

    Investors who wish to obtain resident status in free economic zones will undergo a more clearly defined selection process with established criteria and stages. Contest participants will be able to submit multiple projects, appeal the results, and receive a complete list of required documents.

    Moldova’s Economy 6 August 2026

    A bill has been drafted in Moldova regarding producer organizations and associations in the agro-industrial sector. It sets forth regulations governing the use of funds for financing agricultural programs.

    Economy & Law 6 August 2026

    Teachers, principals, and support staff who will be required to take positions in other administrative-territorial units following the reorganization of schools will be eligible to receive a one-time relocation allowance of up to 300,000 lei, according to a regulation approved by the government.

    Society 6 August 2026

    Prime Minister Vasile Tofan intends to serve out his full term and has set a goal of remaining in office until September 2029. He says he is not considering other positions, and his priority is to achieve results as head of the government. But there is one reason why he might step down earlier.

    Politics & Economy 6 August 2026

    The Organization for Entrepreneurship Development (ODA), in partnership with the United Nations Development Program (UNDP), is implementing the project “Sustainable Communities Through Women’s Empowerment.” The government has approved the signing of a cooperation agreement between the organizations.

    Investments & Markets 6 August 2026

    Property transferred from state material reserves must be returned after use to avoid duplicate purchases. Prime Minister Vasile Tofan believes that the current practice leads to unnecessary expenses and proposes changing the rules to follow Romania’s example, where temporarily transferred equipment can be returned to the state reserves.

    Moldova’s Economy 5 August 2026

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