The Liberal Democratic Party of Moldova (LDPM) has issued a statement regarding the 2027 fiscal and budgetary policy, arguing that the proposed measures are a direct consequence of the economic and budgetary imbalances accumulated between 2021 and 2026, TRIBUNA reports.

According to the party, Moldova’s economy has been experiencing prolonged stagnation, while public spending, the budget deficit, and public debt have continued to grow. LDPM claims that the lack of a coherent economic strategy has led to a shrinking tax base due to business closures and the emigration of entrepreneurs, negatively affecting employment and the economy’s ability to generate sustainable budget revenues.

The party also stated that the government has increasingly relied on borrowing to finance current expenditures. LDPM noted that by the end of 2025, public debt had reached 138.5 billion lei, while the debt burden per capita had increased from 29,600 lei to 55,800 lei over the past four years. According to the party, borrowed funds were directed mainly toward consumption rather than investment.

LDPM Calls for a Different Economic Strategy

LDPM argues that the new fiscal policy includes higher VAT rates, an expanded tax base, increased excise duties, and additional taxation of consumption. The party believes these measures will place a heavier burden on pensioners, low-income families, farmers, small business owners, and citizens who depend on medicines and essential services.

The party emphasized that sustainable budget revenues should be generated through production, investment, exports, and job creation rather than through higher taxes. As an alternative, LDPM proposes rebuilding the industrial and manufacturing base, supporting small and medium-sized enterprises, reducing energy costs for producers, encouraging investment and exports, retaining capital and businesses in Moldova, and using external borrowing for development and infrastructure projects instead of current consumption.

LDPM called on the government to present a comprehensive assessment of the social and economic impact of the new fiscal policy and to abandon measures that, in its view, disproportionately affect vulnerable households, pensioners, and small businesses. The party also urged international partners, particularly the European Union, to realistically assess the situation in Moldova and argued that the country needs a new economic course focused on development rather than increasing the tax burden.