The Government of the Republic of Moldova has approved the draft Law on the State Budget for 2026 — a budget focused on investments, economic modernization, and strengthening the country's competitiveness. The document provides a clear overview of how public expenditures, salaries, social programs, and funding directions affecting the business environment will evolve.
Main Macroeconomic Forecasts for 2026
The budget is based on the following macroeconomic estimates:
- Economic growth: +2.4%
- Nominal GDP: 377 billion lei
- Expected inflation: 4.3%
- Average monthly salary: 17,400 lei (+11% compared to 2025)
These indicators reflect a moderate growth trend, emphasizing stability and the stimulation of domestic investments.
Revenues, Expenditures, and Budget Deficit
The following indicators are planned for 2026:
| Indicator | Estimated Value |
|---|---|
| Revenues | 79.67 billion lei |
| Expenditures | 100.57 billion lei |
| Deficit | 20.9 billion lei (5.5% of GDP) |
| Projects financed from external sources | ~112 projects, 5.71 billion lei |
An important detail: half of the deficit will be directed toward investments, reflecting the priority given to economic development and infrastructure projects.
How Are Budget Expenditures Distributed?
Investments in the Economy
More than 5 billion lei will be allocated to economic projects, including:
- 1.1 billion lei — support for small and medium-sized enterprises
- 560 million lei — energy generation and storage projects
- 465 million lei — agriculture and rural development
- 280 million lei — regional and local development
- 195 million lei — modernization of the railway system
- 185 million lei — energy efficiency in the residential sector
- 165 million lei — Guarantee Fund for the rural sector
- 140 million lei — afforestation program
- 64 million lei — management of tourist areas
This investment package is one of the largest in recent years.
Social Expenditures and Wages
The government places a strong emphasis on supporting low-income populations and modernizing the wage system.
Changes Planned for 2026:
- The minimum wage increases to 6,300 lei
- Base calculation value: 2200 → 2400 lei
- New wage legislation — aimed at eliminating disparities between professional categories
- Compensation programs — continue for vulnerable households
- Investments in healthcare — improving access to medical services
Budget for Key Sectors
| Sector | Funding |
|---|---|
| Economy | over 3 billion lei |
| Public order | ~640 million lei |
| Education | >630 million lei |
| Healthcare | ~590 million lei |
| Environmental protection | ~371 million lei |
| Culture and sports | >130 million lei |
Thus, the 2026 budget has a clear focus on modernization, reducing vulnerability, and strengthening national infrastructure.
What Do These Changes Mean for Entrepreneurs and Companies?
1. More financing and guarantee programs for SMEs
The increase in funds allocated to small and medium-sized businesses will enable:
- access to guaranteed loans,
- investments in energy, technology, and digitalization,
- expansion of production capacity.
2. Fiscal stability and predictability
Although no major tax increases have been announced, companies must monitor:
- implementation of the new wage legislation,
- possible adjustments to social contributions,
- legislative updates throughout 2026.
3. Opportunities in energy and energy efficiency
Investments in green energy create new business opportunities:
- installation companies,
- technical consulting,
- projects in sustainable infrastructure.
4. New accounting and reporting requirements
Projects financed from external sources, as well as investment programs, require:
- transparent reporting,
- compliance with tax legislation,
- professional accounting support.
Intelcont can become a strategic partner for companies under these new requirements.
Conclusion
The 2026 budget emphasizes investments, economic modernization, and support for vulnerable populations. For businesses, the upcoming year brings expanded financing opportunities, increased predictability, and significant growth potential in strategic sectors.
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✅Forecast of the average salary in the Republic of Moldova for 2026
