Moldovan parliament elects finance expert as new prime minister

July 22, 2026 - 01:05

Moldova's parliament has voted to elect Vasile Tofan, a 44-year-old finance expert, as the country's new prime minister, according to local reports. The decision came after a parliamentary session where lawmakers approved his candidacy, signaling a shift toward economic stabilization amid ongoing regional challenges.

Tofan, who previously served as a senior official in the Ministry of Finance and worked with international financial institutions, is expected to prioritize fiscal discipline and anti-corruption measures. His appointment follows the resignation of the previous government, which struggled with inflation and energy security issues. Analysts say his background in public finance management could help Moldova secure continued support from the European Union and the International Monetary Fund.

In his first address to parliament, Tofan emphasized the need for transparent governance and economic reforms. He also pledged to maintain Moldova's pro-European trajectory while addressing domestic concerns about living standards. The new prime minister faces an immediate test as the country deals with high energy prices and the lingering effects of the war in neighboring Ukraine. Political observers note that his cabinet will need to balance reform efforts with the demands of a fragmented parliament.