The Ministry of Finance has launched public consultations on a draft reform of the public sector compensation system, which will run until July 2, 2026.

A well-known IT entrepreneur who served as president of the Association of IT Companies of Moldova for 15 years, Veaceslav Cunev, commented on the tax initiatives put forward for discussion by the Ministry of Finance regarding changes to tax policy for 2027.

The authorities are proposing to review the system of business deductions and simplify it by amending Article 24 of the Tax Code.

To encourage legal employment and ensure that every worker receives a monthly income, the authorities are proposing to replace the current personal tax exemption with monthly payments. These payments will be funded by refunding a portion of the income tax they have paid.

The 2027 draft budget and tax policy, proposed by the Ministry of Finance for public consultation, calls for reducing the income tax rate on salaries not exceeding 1 million lei from 12% to 7%. For salaries exceeding this amount, the rate would increase to 15%.

The draft tax policy for next year provides for adjustments to the tax regime for independent contractors (freelancers). Changes are proposed to income thresholds and tax rates, as well as to the rules governing the deduction of expenses incurred by companies when working with them.

The government is selling government securities at a record pace, capitalizing on increased demand for them as a high-yield investment vehicle that outperforms bank deposits. Monthly sales are rising thanks to short-term securities. In the first five months of 2026, GSBs worth 26 billion lei were sold, which is one-third higher than sales volumes for the same period last year.

A group of MPs registered a draft law on the establishment of the “Investment and Modernization Bank of Moldova”, a state financial institution fully owned by the Ministry of Finance.

Finance Minister Andrian Havrilice sees no objective reasons to further postpone the implementation of VAT on car imports. The tax will be introduced from January 1, 2027 at the rate of 20%.

Moldova’s state budget deficit in January-April 2026 was almost half (by 47.9%) higher than in the same period of 2025.

Suppliers will be able to provide procurement services on behalf of and in the interests of a customer only after registration in the relevant register. This requirement is contained in a regulation drawn up by the Ministry of Finance.

At the end of last week, the process of discussing tax changes planned for next year de facto started. The Minister of Finance familiarized representatives of business associations with the main proposals of the ministry.

Often the detected irregularities in the management of public resources are not caused by malicious intent, but by the complexity of the legal framework and the procedures to be applied. This opinion was shared by Finance Minister Andrian Gavrilita at the ongoing training events of the State Inspectorate of Financial Control (SIFC), dedicated to combating violations detected during financial audits.

The National Confederation of Trade Unions of Moldova, sectoral trade unions of the public sector and the Congress of Local Authorities of Moldova (CALM) participated in consultations on the reform of the wage system in the public sector.

At today’s government meeting, Natalia Doroftei was appointed Secretary of State at the Finance Ministry. She will start performing her duties from May 11, 2026.

It is established that the subscription period for SS for individuals opens at 00:00 hours on the first day of its announcement and closes at 15:00 hours on the closing day.

The information resource RI “Treasury” (RI Trezoreria) is being created in Moldova. This state register will be the only official source of data on treasury operations related to cash execution of budgets-components of the national public budget, receipts of the state budget and local budgets, as well as submission of payment documents.

State budget revenues increased by 3.3% or 583 million lei compared to the same period of 2025, while the growth of expenditures was more than twice as high. Compared to the first quarter of 2025, they increased by 7.3% or by 1,460.5 million lei.

The financial thresholds for classifying an enterprise as micro, small, medium and large will increase from January 1, 2027. They will be adjusted by 25% and rounded up for inflation.

Tips for waiters and couriers can be received through the MIA system. More and more workers in the service sector are connecting this service, which allows them to receive instant transfers by QR code without commission.
