Moldova targets budget deficit below 5% of GDP by 2027, down from 6% in 2026

Moldovan PM Vasile Tofan announced a fiscal consolidation path, aiming to cut the budget deficit to under 5% of GDP by 2027 from a planned 6% in 2026. The announcement signals a commitment to fiscal discipline, though implementation risks remain given economic pressures. This is a modest but concrete step toward fiscal sustainability, relevant for sovereign risk assessment.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works