Moldova finance minister: Economy stable amid global shocks
Moldova’s financial situation remains resilient and predictable despite persistent external pressures. Finance Minister Andrian Gavriliță confirmed that the national economy is positioned for growth, provided the government maintains a strict focus on long-term investment rather than immediate social consumption.
Strategic investment vs. immediate spending
Minister Gavriliță emphasized that while public pressure for immediate wage and pension hikes is high, the state must prioritize capital expenditure. He argued that funneling every available leu into immediate consumption would stifle future growth and lower long-term living standards.
"If we direct more resources toward investments while optimizing spending where possible, we can achieve significantly higher overall growth," Gavriliță explained. This strategy aims to deliver a substantial rise in the quality of life by the third and fifth years of the current cycle.
Economic outlook for 2026
Despite the global oil crisis, Moldova’s growth forecast remains positive, currently projected at over 2%. The Minister noted that private investment dynamics have been on an upward trend for nearly two years, signaling strong market confidence.
Recent data from the National Bureau of Statistics (NBS) suggests that economic activity will remain stable through the second quarter of 2026. While the manufacturing sector acts as a primary growth engine, the retail and service sectors are expected to evolve at a more cautious pace.
Translation by Iurie Tataru
