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The restatement of state assets has increased their value

After the benchmark revaluation, the value of government property has increased significantly, and given the scale of the problem, the upside potential is far from over, according to Logos Press.
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The restatement of state assets has increased their value

According to the official data of the Register of Public Property, administered by the State Property Agency, at the beginning of 2025, the total value of Moldova’s state assets amounted to 167.07 billion lei, increasing by 11.26 billion lei (6.74%) compared to the previous year. This increase is due to the elimination of accounting deficiencies and the correction of asset registration errors previously identified by the Court of Accounts.

At the beginning of 2024, the value of state assets amounted to 155.81 billion lei. Last year, 7.4 million objects were registered in the state register (6.8% land plots, 24.9% buildings, 9.3% structures). Only 14.4 thousand new real estate objects were evaluated during the year. However, only 1.4 million properties were assessed for taxation purposes, i.e. about one fifth of the total number of registered properties.

Real estate registration and valuation in the country is showing very slow progress, which has a direct impact on central and local budget revenues. Despite notable progress at the level of cadastral registration, the significant gap between the number of registered assets and assets valued for taxation purposes significantly limits the ability to collect own revenues at the local level, according to the annual report of the Audit Chamber.

“The complex processes of land inventory and delimitation require effective interagency cooperation to ensure the accuracy of cadastral and fiscal data, as well as fair taxation of real estate. In the absence of real coordination, the inability to register or properly assess real estate leads to reduced revenues for local budgets and limits the planning capacity of authorities,” the report said .

According to the Ministry of Finance’s information on accrued, paid and outstanding amounts, revenues to the budgets of levels I and II, including from rents, royalties and from the withdrawal of lands from agricultural turnover, totaled 346.9 million lei. A significant share of these funds is made up by the funds received by the local budget of the first level due to the withdrawal of lands from agricultural turnover (156.5 million lei, or 45.1% of the total amount). According to the auditors of the Court of Accounts, the local budgets do not collect significant sums.


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