Moldova fiscal policy consultations conclude amid sector opposition

Public consultations regarding Moldova’s new fiscal policy for 2027 have concluded following two weeks of discussions between the Ministry of Finance and various industry representatives. The Ministry is expected to announce the final version of the project soon.

Key proposals have met with significant opposition from several sectors. The Association of Farmers' Force expressed dissatisfaction with a measure to increase VAT by 50 percent for cereal and oilseed production, arguing that such producers are being discriminated against compared to other agricultural products. Additionally, the project includes a 50 percent increase in profit tax for banks, a move the Association of Banks of Moldova described as ‘inopportune,’ though they noted the government may maintain this position to meet 2027 budget requirements.

In contrast, the HoReCa sector welcomed the government's proposal for a lower VAT rate than previously suggested. The Association of Small and Medium Enterprises (MĂR) also supported measures such as extending 0 percent facilities for reinvested profits and increasing personal exemptions, while emphasizing the need for fiscal predictability over the next three to five years.