Chișinău, the capital of Moldova, has not had a full-fledged budget for over a year and a half. The municipal council last adopted the main financial document in 2024. This situation is creating serious uncertainty in the city's financial management and threatening the financing of essential services. According to the report, council members from different political factions are discussing why the budget has not been approved for the second year and the likelihood of it being adopted in the near future.
The Socialist Party argues that the municipal budget needs to be spent more rationally. Party representatives state that current spending plans are unnecessary and that resources need to be used more efficiently. They put forward different priorities, especially regarding social aid and infrastructure projects. This situation makes it difficult to reach a compromise with other groups in the council and stalls the budget process.
On the other hand, political clashes between the ruling Party and the opposition are also preventing the budget from being approved. While council members accuse each other of evading responsibility, the city administration is facing an urgent need for funds. Essential services such as schools, hospitals, and public transportation are being kept afloat through temporary financing arrangements. However, this situation is considered unsustainable.
Experts emphasize that every month without a budget negatively affects Chișinău's development. As investor confidence decreases, municipal borrowing costs are increasing. Additionally, the use of external resources, such as EU funds, is tied to the budget approval, leaving projects suspended. This situation also contradicts the city's European integration goals.
Consequently, the budget crisis in Chișinău is seen as a reflection of the lack of political compromise. Although council members are cautiously optimistic that an agreement can be reached in the coming months, no concrete progress has been made. Citizens are expecting authorities to find a solution as soon as possible to prevent disruptions in essential services.
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