News about State budget and taxes

The ninth and final session of the free training program for aspiring entrepreneurs will take place August 11–13, 2026, in Comrat.

The National Bank of Moldova (NBM) plans to coordinate its actions with the government to integrate monetary and fiscal policies as part of the country’s preparations for accession to the European Union. To this end, an international conference is planned for this fall to explore existing opportunities.

Donald Trump has launched a second trade war against the entire world following his defeat in the first one at the hands of his own Supreme Court. Starting Friday, the U.S. imposed tariffs of 10–12.5% on imports from 60 countries, and for the first time during the tariff wars of Trump’s second term, Russia was caught in the crosshairs.

The authorities are proposing to introduce a mechanism for gradually tightening sanctions in the context of criminal prosecution—ranging from fines, disqualification from engaging in certain activities and receiving government support, to the closure of a division and the liquidation of a company.

The U.S. House of Representatives approved a $1.15 trillion defense budget despite sharp disagreements between Republicans and Democrats. The bill, which sets Pentagon funding for the next fiscal year, passed by a narrow margin of 216 to 212. Six Democrats supported the measure, while seven Republicans voted against it.

Mariana Durleșteanu, former Minister of Finance of the Republic of Moldova and former ambassador to the United Kingdom, has appealed to the new Prime Minister, Vasile Tofan, to raise the salaries of teachers and doctors.

The National Road Administration (AND) has announced a tender for the construction of more than 5.2 kilometers of sidewalks in seven localities in Moldova. The estimated cost of the project is 9.57 million lei, excluding VAT, which translates to an average cost of approximately 1,840 lei per linear meter of sidewalk.

By August 6, the Ministry of Finance will present a new framework for budget and tax policy for 2027. Prime Minister Vasily Tofan has instructed Finance Minister Victoria Belous to do so.

Government Secretary-General Alexei Buzu has been instructed to urgently submit, by the end of July, a “package of proposals and specific measures” that will reduce the excessive salaries of certain officials and “give people a sense of fairness,” until order is restored to the overall system of public sector pay.

The government has approved the “Restart in Education” reform, which calls for a sweeping overhaul of the school management system. Starting January 1, 2027, public schools will be transferred to the jurisdiction of the Ministry of Education and Research through the newly established Regional Education Agencies.

Officials from the National Anti-Corruption Center (CNA), in conjunction with prosecutors from the Anti-Corruption Prosecutor’s Office (PA), are conducting approximately 30 searches today in connection with a case involving abuse of official position and the fraudulent acquisition of funds from external sources. The actions are directed against a number of economic entities and government officials.

The new British Prime Minister, Andy Burnham, has announced the elimination of VAT on electricity for households. Starting October 1, the rate will drop from the current 5% to zero. According to government estimates, this will save families at least 45 pounds (about 1,060 Moldovan lei) per year. 

Individuals and companies will be able to claim compensation not only for property damage but also for lost profits.

The new Cabinet of Ministers intends to conduct a large-scale review of state property and put assets that are not of strategic importance up for privatization. Prior to this, state-owned enterprises will undergo an audit, and their assets will be subject to an independent valuation. Prime Ministerial candidate Vasily Tofan presented these plans on Tuesday in parliament while outlining the future government’s program.

As representatives of the business community had anticipated, the draft budget and tax policy for 2027 will be revised. However, it will still include provisions for tax increases and the elimination of tax breaks.

Introducing a minimum wealth tax on the ultra-wealthy in the UK could generate about 10 billion pounds for the budget each year, according to a study by economists at the Paris School of Economics and King’s College London. The authors of the initiative have called on Prime Minister Andy Burnham to consider this measure as he prepares a ten-year program of tax reforms.

The Administrative Council of the National Energy Regulatory Agency (ANRE) today approved an additional levy on gasoline and diesel fuel of 48 ban per liter. The levy will take effect on August 1.

The Cabinet of Ministers is preparing to expand the list of excise-taxable goods, citing public health concerns and a desire to bring the tax system in line with European standards. However, the new package of amendments reveals a mixed approach to potentially harmful products: some goods are subject to excise taxes, while others are completely removed from the legal market.

In June 2026, 713 tax audits were conducted. Violations were identified in 466 cases, resulting in tax penalties totaling 1.51 million lei and administrative penalties totaling 462,100 lei.

The culprit behind the high salaries of government officials is… – European integration. This is precisely what emerges from the ruling party’s “arguments” justifying the salaries in the millions of certain government officials and even rank-and-file employees.