No salary increases from September 1: How the Prime Minister and President explain the law’s postponement

The salary increases promised to thousands of public sector employees are being postponed. Although the new Salary Law was set to take effect on September 1, the authorities have decided to suspend its implementation. The stated reason for this decision is the need to align the project with the new budgetary and fiscal reform recently introduced by the government.

Moldova secures power as costly imports raise outage risks

Moldova's electricity demand is fully covered for Aug. 7, Energocom says, after the state-owned energy trader purchased 13,561 MWh to meet national demand. President Maia Sandu has warned, however, that power cuts cannot be ruled out depending on electricity availability on external markets and consumption during peak hours.

BNM transfers half of 2025 distributable profit to budget

The National Bank of Moldova (BNM) has transferred €46.4 million (approx. MDL 910.41 million) to the state budget following the completion of its 2025 financial year. The amount represents half of the bank’s profit available for distribution, while the other half has been allocated to increase its statutory capital.

Sandu confirms public sector salary increase delayed for fiscal sync

The implementation of Moldova's new public sector wage law has been postponed indefinitely. Consequently, the salary increases for public employees previously scheduled for September 1 have been put on hold.President Maia Sandu announced the decision on August 6 during a broadcast on Jurnal TV.

Proposed VAT hike raises bankruptcy fears in Moldova

Moldovan grain and oilseed producers have rejected a Ministry of Finance proposal to increase the agricultural value-added tax (VAT) from 8% to 12%. The Farmers' Force Association warned that this relative 50% tax increase could mark a critical breaking point, triggering widespread bankruptcies among small and medium-sized farms.

Moldova unveils 2030 electric mobility strategy to curb emissions

The Republic of Moldova aims to convert at least 25% of its nationwide vehicle fleet to electric and plug-in hybrid models by 2030. Under the newly drafted National Electric Mobility Program 2030, the government also plans to deploy at least 500 functional public charging points and cut road transport emissions by 15%.

High blackout risk in Moldova during peak hours

Moldova faces an elevated risk of power outages today, August 6. Prime Minister Vasile Tofan has urged citizens to drastically reduce electricity consumption, particularly during the critical 19:00 to 23:00 window.

National Bank of Moldova tightens policy amid inflation

The National Bank of Moldova (NBM) raised its key base rate by 0.5 percentage points to 7.5% on August 6, continuing its monetary tightening cycle to curb inflation and anchor consumer prices near its 5% target.

Moldovan government shifts tax burden from workers to banks

Low-income workers in Moldova will receive higher personal tax exemptions under a new fiscal overhaul package. The measure aims to boost formal employment and curb undeclared payrolls across the country.

UK trade deal opens market access for Moldovan producers

Moldovan apples are gaining a stronger foothold in the United Kingdom, providing local agricultural producers with access to a high-value consumer market and new opportunities for economic expansion.

Tax reform: Vasile Tofan announces a 50% increase in banking sector taxation

On the morning of August 5, Prime Minister Vasile Tofan outlined the main aspects of the updated tax reform. Later, during a show on Jurnal TV, he provided additional details. The Prime Minister announced that the tax rate on profits earned by banks and financial institutions will rise by 50%, from the current 12% to 18%.

Government allocates 421 million lei for railway development in Moldova

The Government will allocate over 421 million lei, which is approximately 21.2 million euros, to increase the share capital of the State Enterprise "Calea Ferată din Moldova" (CFM). A portion of these funds will be used to expedite the rehabilitation of the Tighina–Basarabeasca–Etulia–Giurgiulesti railway section.