Moldova central bank hikes rate to 7% amid inflation pressures

The National Bank of Moldova (NBM) adjusted its monetary policy rate upward to 7% from 6.5%, responding to mounting inflationary pressures. The 50-basis-point increase reflects heightened caution as global energy and commodity prices continue to destabilize domestic markets.

“Less money for consumption”: Viorel Gîrbu explains effects of NBM decision to raise base rate to 7%

Economic expert Viorel Gîrbu argues that the National Bank of Moldova's (BNM) decision to raise the base interest rate to 7% is a mistake that will negatively impact both the population and the business environment. He explains that inflationary pressures are mainly driven by external factors, and that tightening monetary policy will not effectively address the issue.

Pre-feasibility study for the Strășeni–Gutița line completed

The Republic of Moldova has made progress in its strategic project "Liberty Line," which involves establishing the third high-voltage electrical interconnection with Romania. The pre-feasibility study for the 400 kV Straseni-Gutinas overhead power line has been completed. The findings of this study were presented to Prime Minister Alexandru Munteanu on Thursday, June 18, by Nick Pietrowicz, the Chargé d'Affaires at the United States Embassy in the Republic of Moldova.

BNM governor: Banking legislation 98% aligned with EU standards

The banking system in the Republic of Moldova is largely aligned with European financial rules and mechanisms. Anca Dragu, the Governor of the National Bank of Moldova (BNM), stated that 98 percent of the country's banking and financial legislation is harmonized with European standards. During the "EU si UE" program on Moldova 1, she emphasized that Moldovan banks are prepared for the country's integration into European structures.

Moldova represented at Bharat Buildcon 2026 in India by 49 construction companies

Forty-nine companies from the Republic of Moldova are participating in Bharat Buildcon 2026, a major international exhibition dedicated to the construction industry in India, which was inaugurated in New Delhi on June 18.

Two potato shipments detained at customs for quality violations

Two batches of imported early potatoes, totaling 45 tons, were not allowed entry into the Republic of Moldova. Inspectors found that these products did not meet the quality standards set by national legislation, resulting in their return to the producer.

About 5 million lei allocated in 2026 for political repression victims’ compensation

On June 17, the government approved the allocation of approximately two million lei to compensate individuals who experienced political repression and have since been rehabilitated. This compensation is specifically for those whose property, confiscated by the Soviet regime, cannot be returned. A total of six people from various districts across the country will benefit from this compensation.

Over 70 million lei in grants awarded to 131 entrepreneurs

The Organisation for Entrepreneurship Development (ODA) has provided grants totalling over 70 million lei to 131 entrepreneurs. This funding is expected to generate twice the investment in the national economy and create 800 jobs.

Direct flights from Chișinău to Saudi Arabia

The Republic of Moldova may soon have direct flights from Chisinau to destinations in the Kingdom of Saudi Arabia. On June 17, the government approved the start of negotiations for an agreement to facilitate this.

Moldova exports climb, yet trade deficit deepens to €2.2B

Moldova’s trade deficit reached €2.2 billion (approx. 43.12 billion MDL) in the first four months of 2026, marking a 3.3% increase compared to the same period in 2025. While export volumes continue to grow, they remain insufficient to counterbalance the surging demand for imports.

Moldova partners with EIT to drive regional green energy

Moldova’s Ministry of Energy and the EIT Urban Mobility Innovation Hub East signed a Memorandum of Understanding on June 15, 2026. This agreement formalizes a strategic partnership to modernize the nation’s energy sector and mobility infrastructure.

Moldova inflation reached 6.8% in May as prices continued to rise

Prices in the Republic of Moldova continue to rise, with annual inflation reaching 6.8% in May. This increase is attributed to the rising costs of essential products and services. Compared to May 2025, the largest price hikes were recorded for eggs, vegetables, fuels, and passenger transport, according to data from the National Bureau of Statistics (NBS).