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- October 17, 202611°
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- USD49.42+0.06%
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- INTEREST37.00%-1.00
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- October 17, 202611°
Moldova opposition proposes salary cap for top officials amid budget deficit
Moldova's Socialist Party has submitted a bill to parliament capping salaries of top officials, citing a growing budget deficit. The opposition also held a rally in Chisinau to protest the government's fiscal policies.
Moldova's opposition Socialist Party (PSRM) has submitted bills to parliament proposing a cap on salaries of top officials, citing the growing state budget deficit.
Announcing the proposal, Deputy Parliament Speaker and socialist leader Vlad Batrince said they proposed limiting the income of public sector managers to three average salaries across the economy and capping all bonuses and additional payments at 50 percent of the base salary.
"In the poverty of our Moldova, situations where officials receive 100,000 lei (about $5,500) per month must be categorically eliminated," Batrince said.
Reaction to central bank payments
The deputy parliament speaker also called for an investigation into payments at Moldova's Central Bank. Batrince noted that the regulator's management receives monthly salaries between 120,000 and 130,000 lei ($6,600 to $7,200), while the administrative council meets only once a quarter and its members may not even be in the country. The politician added that such cases should form the basis for criminal proceedings.
The Socialist Party also demands cutting funding for the Constitutional Court and the State Chancellery, reducing the number of ministries, and conducting audits at all state enterprises to reduce budget spending.
Protest rally in Chisinau
On the day the bills were submitted, a rally of opposition supporters was held in front of the parliament building in the capital Chisinau. The action, organized by Vasile Kostiuk, head of the "Democracy at Home" party, was joined by the PSRM, the "National Alternative Movement" party of Chisinau Mayor Ion Ceban, and the "Our Party" political force of MP Renato Usatii.
Protesters argued that the burden of the budget deficit is being placed on ordinary taxpayers and demanded the government's resignation and an urgent review of the finance ministry's fiscal initiatives, which they say are destroying people's purchasing power.
Budget deficit growing
Moldova's government is advancing its new tax policy amid a growing fiscal imbalance in the country. According to official data, in the first five months of 2026, Moldova's state budget deficit rose by 11.4 percent to 7.6 billion lei. Government debts in the deficit structure increased more than fourfold compared to the same period last year.
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