en

 

Politics
30 December, 2025 / 00:35
/ 9 hours ago

Moldovan MP says accepting all amendments to 2026 budget would have tripled budget deficit

A total of 81 amendments have been proposed for adoption in the second reading of the 2026 state budget draft. The head of the commission for economy, budget and finance, Radu Marian, made statements to this effect. He specified that accepting all the amendments would have tripled the budget deficit.

According to the cited source, the parliament adopted the 2026 state budget with more amendments, 17 of which were accepted - six proposed by the opposition and 11 by the ruling Action and Solidarity Party’s (PAS) faction. All approved amendments were budget-neutral and did not endanger the country's financial stability.

According to Marian, accepting all submitted amendments would have tripled the budget deficit and significantly increased public debt, which would have reached almost 63% of the Gross Domestic Product (GDP).

"We were fiscally responsible. In a hypothetical scenario, accepting all amendments would have meant a much larger deficit and a dangerous increase in public debt," said Radu Marian.

Additionally, the head of the economy commission dismissed the opposition's accusations of political allocation of funds for local development projects. He said that, within the European Village II and Europe - Local Roads programmes, over 66 per cent of the 943 funded projects had been awarded to municipalities not run by ruling party’s representatives.

According to the cited source, among the most important accepted amendments, there is the allocation of 200 million lei for the feasibility study on the construction of the National Football Stadium - National Arena.

"The project is considered a first step towards creating modern sports infrastructure aligned with international standards."

At the same time, the parliament approved funding for the feasibility study for the creation of the Universe Center for Contemporary Culture and Arts, valued at six million lei.

Another amendment supported includes the allocation of five million lei for the restoration and capital repair of the Triumph Arch from Chisinau.

Besides the budget, the lawmakers voted on a package of fiscal measures meant to support the business environment. They include extending the zero-tax rate on reinvested income not distributed as dividends for one more year. Additionally, the income ceiling for the simplified tax regime was increased from 1.2 million to 1.5 million lei and expenses for children's education will be tax-deductible.

Another important draft concerns the repatriation of the assets of Moldovan citizens residing abroad. The adopted law provides exemptions from import duties for citizens returning to live in Moldova. The eligibility criteria for car imports were expanded: the maximum age was increased from nine to ten years, the allowed value from 400,000 to 550,000 lei, and the engine capacity from 2,500 to 3,000 cubic centimeters. The law will be applicable for one year.

According to Radu Marian, these decisions show a balanced approach that combines fiscal discipline with strategic investments and support measures for the economy, culture and citizens.

 


 
Latest News
/ 7 days ago

Foreign policy priorities set at ambassadors' meeting in Moldova; Moldovan president says there is only one realistic strategy for survival as democratic, free, sovereign state for Moldova: EU membership

/ 7 days ago

Romania to host trilateral meeting of foreign ministers in 2026

/ 7 days ago

VIDEO // Moldova, Romania strengthen strategic partnership: economic cooperation, Infrastructure's development as priorities for 2026

/ 21 December, 2025

Romania's foreign affairs minister comes to Chisinau on December 22

/ 19 December, 2025

Moldovan parliament speaker: dozens of projects for Stefan Voda district, investments bringing Moldova closer to Europe

/ 18 December, 2025

Moldovan parliament might establish voting hour at plenary meetings

/ 18 December, 2025

Moldovan parliament speaker says discussions to follow on Justice Ministry's platform on draft on creating new prosecutor's office

/ 18 December, 2025

VIDEO // Parliament congratulates National Police on marking 35 years since establishment

/ 18 December, 2025

Minister of Agriculture expected in Parliament

/ 18 December, 2025

VIDEO // Prime Minister appreciation message for MAI employees

/ 17 December, 2025

Moldovan parliament speaker reacts to teachers' strike, says leadership values teachers

/ 17 December, 2025

Parliament speaker says Moldova initiates technical negotiations on three chapters, more discipline to be needed

/ 17 December, 2025

Moldovan parliament to convene at plenary meeting on December 18; standing bureau approves supplement to agenda

/ 17 December, 2025

Moldovan Central Electoral Commission approves institution's budget for 2026 year