cash payments

The current Law on Cash Settlements No. 34/2024, which came into force on April 1, 2025, has created serious difficulties for the population and the business environment. The deputy initiative to repeal its provisions restricting the use of cash has already passed hearings in the specialized commission for economy, budget and finance. The draft has been submitted for public consultations to other commissions.

The large losses of fruit, early vegetables and berries harvest due to late spring frosts in Moldova, figuratively speaking, were “broadcasted from every iron”. The problem is really large-scale and almost ubiquitous. However, this season Moldovan horticulture has faced a large number of problems of seemingly smaller scale, but no less painful. The LP correspondent talked to representatives of farmers’ associations and based on their opinions has built the top 3 specific problems of the Moldovan industry in the current year.

From April 1, 2025, Law No. 34 “On cash payments” will come into force in Moldova. The document significantly restricts the movement of cash in the economy. The law prescribes the rules of its use in economic turnover, sanctions for its non-fulfillment and, in general, orientation towards cashless settlements in economic activity.