Moldova May Require State-Owned Companies to Hand Over More Profits

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Moldova may require state-owned companies to transfer more of their profits to the state budget. Finance Minister Victoria Belous said in an interview on Channel 8 that the measure could generate an additional 800 million to 1 billion lei in budget revenue.

It seems Nastia Taburceanu had good reason to take a job at MoldATSA. The so-called “verișoaragate” scandal has attracted considerable attention. It has even caught the attention of government officials looking for new ways to raise money for the state budget.

Belous’s logic is simple: state-owned companies should stop keeping so much of their profits for themselves and contribute more to public finances.

Moldova Plans Higher Profit Transfers From State Companies

“For 2027, we propose reviewing the policy applied in previous years and taking a stricter approach to giving companies freedom over their undistributed profits,” the minister explained.

According to Belous, these payments amounted to less than 500 million lei last year. The government now aims to increase that figure roughly threefold.

“We will insist that state-owned companies transfer the maximum possible amount of their profits to the state budget,” the finance minister stressed.

However, Belous added that each company would be assessed individually. The government wants to increase revenue without obstructing projects or preventing companies from carrying out their plans.

The goal, nevertheless, is clear: the state wants to collect more money from publicly owned businesses.

Where Will the Additional Budget Revenue Go?

This raises an obvious question: how will the government distribute the extra revenue?

Will teachers receive two rounds of salary indexation? Will pensioners get a substantial increase so they can afford all their utility bills, rather than only half their electricity costs?

The article’s author is skeptical that ordinary citizens will benefit significantly. Instead, the author sarcastically suggests that the government might review the president’s salary and raise it, making her payslip more comparable with those of senior officials.

For now, the proposal focuses on increasing state revenue from undistributed profits at state-owned companies. The final approach will depend on how the government implements the policy for 2027.

Whether the additional money will support public services, pensions or other budget priorities remains an open question.

The Voice of Moldova