Moldova postpones public sector pay hikes amid tax reform review

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.

Moldovan farmers reject proposed 12% VAT rate

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 targets 25% electric fleet by 2030 with €60M mobility plan

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%.

Moldova braces for blackouts as deficit grows

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.

Moldovan Central Bank raises base rate to 7.5%

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.

Moldova to cut labor taxes and raise levies on 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.

Moldova apple exports to UK surge fivefold after tariff cuts

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.

Vasile Tofan: "Bank profit tax will rise from 12% to 18% in 2027"

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%.

CFM gets 421 million lei; Bolea: "We're investing in railway infrastructure"

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.

Moldova expects an electricity shortage tonight and urges energy conservation from 6:00 PM to 9:00 PM

On the evening of August 5, between 6:00 PM and 9:00 PM, the Moldovan power system is expected to experience a significant electricity deficit, according to Energocom. Authorities are urging the public to reduce their electricity consumption during these peak hours to prevent "costly consequences."

Warning on Tiraspol's asset sales: Chiveri states "Illegal privatizations have no legal effect"

The authorities in Chișinău issued a warning concerning the privatizations announced by the Tiraspol authorities. They caution that individuals or companies participating in these privatizations will assume legal and financial risks. Deputy Prime Minister for Reintegration, Valeriu Chiveri, made these statements in light of information about the separatist administration's plan to sell additional assets in the region.

A 30 MW photovoltaic park will be built in Vadul lui Vodă with energy storage

A photovoltaic park with an installed capacity of 30 MW and a 60 MWh energy storage system is set to be built in Vadul lui Vodă, within the Chisinau municipality. The project received authorization from the Government on Wednesday, August 5. It aims to enhance renewable energy production and strengthen the energy security of the Republic of Moldova.