News about State budget

At its meeting on July 22, the Moldovan Cabinet of Ministers approved a bill to ratify a letter amending the loan agreement with the European Bank for Reconstruction and Development (EBRD), which is being implemented as part of the emergency support project for the state-owned enterprise “Moldovan Railways”.

According to Pentagon estimates, U.S. spending on the military campaign against Iran has reached $37.5 billion. U.S. Secretary of Defense Pete Hegset made this statement during a hearing before the Senate Appropriations Committee, urging Congress to urgently approve additional funding for the Department of Defense.

The current system for reimbursing companies’ expenses in the dual education system will be replaced by a state aid scheme. The change is expected to address the gaps that are hindering the system’s development in Moldova.

In the first half of 2026, Moldova’s state social insurance budget revenues totaled 27,515.2 million lei (53.5% of the annual target), while expenditures amounted to 26,262.4 million lei. The surplus of revenue over expenditures reached 1,252.8 million lei. The data was published in the National Social Insurance Fund’s interim report.

A new interactive portal on the state of the national budget (PEB) has been launched. The Ministry of Finance promises “direct and simplified access to information on the execution of the national budget and the use of allocated funds.” This development is linked to commitments made regarding “open governance.”

Moldova’s domestic public debt continued to grow steadily in June 2026, reaching 57.34 billion lei by the end of the month. In the first half of this year, it increased by more than 5.34 billion lei due to the active issuance of government securities.

Today, the draft city budget for 2026 was once again submitted for consideration at a meeting of the Chisinau City Council. The plan is to vote on it in two readings.

The authorities intend to eliminate the differences in the approaches to the financing and management of public bodies. To this end, the concept of “self-governing public institutions” will be abolished starting next year.

The Ministry of Finance of the Republic of Moldova will conduct a detailed analysis and possible review of budget expenditures. The methodological framework for the review of budget expenditures was presented in late June at an event organized by the ministry with the participation of international experts from UNDP and the World Bank, who are assisting the ministry in this effort.

The financial management of the Grape and Wine Fund may change. A new bill provides for the transfer of the fund’s treasury account to the direct management of the National Grape and Wine Bureau (ONVV).

Scholarships for undergraduate students will increase by at least 40% starting September 1, 2026. The decision was approved at a government meeting on Wednesday, July 1.

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).

The “Action and Solidarity” (PAS) Party issued an official statement regarding the corruption scandal at the state-owned company MoldATSA, publicly accepting responsibility for institutional and personnel mistakes made in the management of the company.

At its shareholders’ meeting on June 30, Russia’s largest bank decided to pay dividends amounting to 50% of last year’s net income.

The labor unions rejected the Ministry of Labor and Social Protection’s proposal to change the method for calculating annual paid leave and to switch from 28 calendar days to 22 working days.

Radu Marian, a member of parliament from the “Action and Solidarity” (PAS) party, announced on Monday that he was stepping down as chair of the parliamentary committee on the economy, budget, and finance. This decision was made amid a scandal involving inflated salaries at the state-owned enterprise MoldATSA. The lawmaker took responsibility for recommending the individual who was at the center of this case.

The rise in global oil and food prices is indeed putting inflationary pressure on Moldova’s economy. However, the key risks facing the country right now are different: inefficient borrowing and rising budget expenditures—this is precisely what sets Moldova apart today.

The Ministry of Justice will spend nearly 3 million lei on major renovations of the restrooms in its administrative building. The ministry has announced an open tender, and the project is included in its annual plan.

Parliament passed the first reading of a bill to ratify a loan agreement with the International Bank for Reconstruction and Development (IBRD) in the amount of 218.2 million euros. The funds are intended to support the Sustainable Growth Policy Operations Program.

Vlad Batrincha, Deputy Speaker of the legislature, called for parliamentary hearings with the participation of Anca Dragu, Governor of the National Bank of Moldova (NBM), during a plenary session. He demanded clarification regarding the monthly salaries and the actual contributions of each member of the NBM Supervisory Board.