External assistance

Moldova’s state budget for 2026 includes large external revenues, including from the EU, although the exact figures will be known ex post facto, Logos Press reported.

The state has not learned to spend even other people’s money on the development of the country. Foreign aid is spent mainly on salaries and pensions and other current expenditures. In other words, it is eaten up. It is not always possible to “digest” the money for capital investments. The Accounts Chamber gives figures and reasons for such “indigestion”.

Most of the external loans and grants, according to the annual report of the Audit Chamber, were used last year to support the budget, while the absorption of development money was not complete, Logos Press reported.

At the end of June 2025, official reserve assets totaled 5,070.24 million euros, up by 221.49 million euros over the month thanks to the EU bailout,” Logos Press reported.

Low absorption of external loans for investment projects continues to be a problem, Logos Press reported.