News about Economy of Moldova
Prime Minister Alexandru Munteanu announced a reshuffle of his Control Service team, calling on the public to respond to the invitation.
According to preliminary data, in the first quarter of 2026, Moldova’s current account deficit decreased by 17.1% compared to the same period last year, amounting to -806.2 million euros. This change was driven by a reduction in the foreign trade deficit.
Moldovan Prime Minister Alexandru Munteanu announced the suspension of the competition for the position of CEO of Moldtelecom, the halting of efforts to advance a bill to change the procedure for allocating profits from state-owned enterprises, and the reorganization of the Public Property Agency (APP).
Strengthening cooperation between the National Food Safety Agency (ANSA) and the Food and Agriculture Organization of the United Nations (FAO) in the area of collecting and exchanging statistical data on the use of pesticides and fertilizers was discussed by ANSA Deputy Director General Alena Kastravets and Dorian Kalamvrezos Navarro, an expert with the FAO Statistics Department.
President Maia Sandu announced a package of measures to reform state-owned enterprises, which calls for the public offering of minority stakes in companies with commercial potential, expanding financial disclosure requirements, and reorganizing the Public Property Agency. These announcements were made during a press briefing following the scandal surrounding the state-owned enterprise MoldATSA.
President Maia Sandu presented a detailed response to the corruption scandal and abuse of power at the state-owned enterprise Moldatsa. The head of state openly acknowledged that public trust in the government had been deeply undermined by preferential treatment, undeserved benefits, and the misappropriation of public funds.
Five localities in the Floresti and Soldanesti districts have decided to merge into a single municipality to improve the quality of services and attract new investment in infrastructure. As a financial incentive, the government will provide them with approximately 26 million lei for development.
The Ministry of Energy of the Republic of Moldova and the International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group, have signed an agreement to provide grant funding of up to $1.7 million to prepare a project for the construction of new, highly efficient thermal and electric power generation facilities for Termoelectrica S.A.
A new category of bank customers—financially vulnerable consumers—will be introduced in Moldova. Commercial banks will be required to provide a basic package of services to these customers free of charge. However, the group of such customers will be strictly limited.
In Central and Southeastern Europe, a long and relatively wet spring created favorable conditions for the early cabbage harvest. As a result, cabbage prices in Poland plummeted from the very start of the selling season. In Ukraine and Moldova, cabbage prices remained at a relatively high level until the end of the first month of summer. However, a significant drop in prices for mid-season—“seasonal”—cabbage is expected going forward.
Polaris Airlines is in the process of obtaining an Air Operator Certificate (AOC), a document required to operate commercial flights.
Ukraine’s rail freight carrier, Ukrzaliznytsia, did not change its rates for the use of grain cars in July of this year. However, the cost of transporting other types of cargo using the company’s rolling stock has increased.
The supply of tourism services in the Republic of Moldova will suffer, prices for services may rise, and businesses in the tourism and hospitality industries will face additional financial pressure if the standard 20% VAT rate is applied to food service and lodging.
The Ministry of Agriculture and Food Industry (MAIA) presented information on the establishment and expansion of the Rural Development Data Network (RDDA) during an informational session it organized for representatives of agri-food sector associations.
Extreme heat has disrupted freight traffic between Moldova and Romania. After Bucharest imposed a temporary ban on heavy vehicles, trucks began to back up at several border crossings.
The Agency for Agricultural Interventions and Payments (AIPA) has announced the start of the next (seventh) round of accepting applications from livestock producers for direct “per kilogram” milk payments. The application period runs from July 6 to August 14, 2026. Farmers may submit their applications (along with the required supporting documents) to their local AIPA offices.
The National Bank of Moldova (NBM) ended 2025 with a loss of 873 million lei, while the year before, the regulator posted a record net profit of 6 billion lei. Over the year, the financial result deteriorated by almost 7 billion lei, according to the published financial statements.
Redefining the agency’s functions and restructuring it into a state-owned holding company—that is what will help eliminate gaps in the management of state assets.
This summer, the Republic of Moldova is in the spotlight of the European public through a large-scale cultural project held in Vienna. The Ringturm building, the headquarters of Vienna Insurance Group, has been transformed into an artistic installation of approximately 4,000 m², created by Moldovan artist Pavel Brăila.
Since 2022, Ukrainian refugees have contributed approximately 1.6 billion Moldovan lei (more than $90 million) to Moldova’s state budget in the form of taxes and social security contributions.
