News about Economy of Moldova
The real estate market in Moldova requires a new approach to improve housing affordability. According to Prime Minister Vasile Tofan, rather than imposing price caps, it is necessary to increase the supply of more affordable housing.
The draft tax policy for 2027 proposes raising the corporate income tax rate for the financial sector from 12% to 18% for the entire tax year. This proposal has drawn comments from both experts and the general public.
A Moldovan citizen who had returned from the United Kingdom complained to the prime minister about the difficulties faced by members of the diaspora upon returning home. According to her, people with education and work experience abroad sometimes face prejudice when looking for work in Moldova, while migrant workers from other countries may be hired more readily.
The Ministry of Agriculture and Food Industry organized consultations on the Strategic Program for the Development of Aquaculture for 2026–2030 (PSSA) with the participation of representatives from associations in the fish and aquaculture production and processing sectors.
On Thursday, August 6, in the afternoon, heavy rain and strong winds caused significant damage to the 330-kilovolt Bălți–Dniester high-voltage power line in Moldova. According to preliminary estimates, about 10 high-voltage towers were damaged or knocked down along a section approximately 15 kilometers from Moldova’s northern capital. Authorities estimate that it may take more than seven days to restore the power line.
New requirements from the executive branch regarding wastewater treatment and discharge, recently aligned with EU regulations, have drawn sharp criticism from the business community. The National Confederation of Employers of the Republic of Moldova (CNPM) has expressed the official position of employers, calling the deadlines and standards for wastewater collection and treatment proposed by the government unrealistic.
Authorities promise more effective protection of people and critical services—including water supply, energy, communications, and transportation—thanks to a new national risk assessment and management mechanism. For the first time, Moldova has developed a unified system for analyzing and managing risks related to national security.
Our approach is not to raise taxes, but to shift the tax burden in the right direction: lower taxes on labor, and higher taxes on vices and excess profits.
Government and business representatives are identifying common solutions to support companies in the context of energy challenges. Deputy Prime Minister Eugen Osmochescu discussed this issue today with representatives of the business community during a meeting organized by the Chamber of Commerce and Industry through its sectoral committees on entrepreneurship.
Moldovan Prime Minister Vasile Tofan stated that the government has no plans to impose restrictions on Ukrainian grain imports, despite demands from some local farmers. According to him, there is no basis for such measures, since Ukrainian grain has not actually entered the Moldovan market this season.
“Ukrzaliznytsia” is in talks with “Moldovan Railways” to reduce transit tariffs for Ukrainian cargo by 50%.
One of the key priorities of the Republic of Moldova’s new tax policy for 2027, presented by Prime Minister Vasile Tofan on August 6, will be a review of the approach to personal income taxation. The reform focuses primarily on creating conditions for the growth of disposable income for citizens who receive official wages and participate in the formal economy. This principle is reflected in the very title of the draft: “Labor. Investment. Justice.”
The introduction of a 6% tax on the revenue of companies operating in the gambling industry, a 50% increase in excise taxes on e-cigarettes, a 20% increase on traditional cigarettes, and the imposition of excise taxes on soda, energy drinks, and fireworks—these measures have been proposed as part of a new tax policy. Prime Minister Vasile Tofan announced this during the presentation of the “Labor. Investment. Justice” project.
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.
A resident of Moldova needs to earn $28,731 a year to feel happy.
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.
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.
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.
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.
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.
