Politician Irina Vlah, leader of the Republican Party Inima Moldovei, stated that in the first three months of the current year, the state debt of the Republic of Moldova increased by around 10 billion lei, reaching 142 billion lei. She warned that if the pace of borrowing remains the same, in the second half of 2026 the state debt will equal the total value of public assets managed by the Government — approximately 157 billion lei. At present, she noted, each resident of the Republic of Moldova (child, adult, elderly) effectively bears around 60,000 lei of state debt, TRIBUNA reports.
“Moldova has ended up in some of the most shameful global rankings when it comes to debt. Recently, such a ranking was published (by the Visual Capitalist platform), showing that Moldova is 16th among the countries most indebted to the International Monetary Fund, with a debt of USD 1.016 billion — the equivalent of about 4.6% of GDP. Our country is positioned between Benin and Madagascar,” Vlah said.
She added that the international organizations to which Moldova owes the most include the International Monetary Fund, the International Development Association, the European Union, the European Investment Bank, the International Bank for Reconstruction and Development, and the European Bank for Reconstruction and Development.
“Just last year, 12 loan agreements were negotiated and signed, with a total value of over 2 billion euros. Not to mention the loans the Government contracts on the domestic market, which account for about one‑third of the state debt. Official forecasts show that over the next three years, the share of state debt in GDP will increase by more than 5%, exceeding 45% of GDP. Yet the governing party cannot stop and continues to take new loans. A few days ago, the Government approved negotiations for a new loan from the EBRD, without disclosing its size or conditions. At the beginning of the year, the Government planned to borrow around 17 billion lei in 2026. Now, after increasing the state debt by 10 billion lei in just the first three months, it is clear that this amount will be much higher,” she stated.
Vlah argued that PAS is “deliberately destroying the state” and pushing it toward insolvency, adding that “the situation can still be saved, but only if PAS stops contracting new loans.”
“An urgent moratorium on contracting new loans is needed. This is the only chance to save Moldova. And this measure must be taken immediately. Tomorrow may be too late,” Irina Vlah stressed.







