Following a corresponding nomination from President Maia Sandu on 11th July on a proposal from the ruling and pro-European Party of Action and Solidarity (PAS), financier and technocrat Vasile Tofan was confirmed by parliament as Moldova’s new Prime Minister on 21st July. Tofan, a senior partner at the investment firm Horizon Capital and a Harvard MBA with no prior government experience, has replaced Alexandru Munteanu, who resigned earlier in July after eight months in office tainted by alleged governance scandals.
Sworn into office on 22nd July, the new cabinet line-up favours continuity, keeping 12 ministers from the Munteanu Government, including all five deputy PMs, while installing new leadership at the Ministries of Finance, Agriculture, Health and Culture. The rest of the Munteanu Cabinet has stayed on, including all five Deputy PMs.
The new government has pledged to support entrepreneurship and investment, reduce bureaucracy and institutional overlap, create better-paid jobs, modernize public services and use public funds more transparently. Within this strategy, Romania is restored to a central position as Moldova’s principal strategic partner and a key supporter of its EU trajectory, with deeper cooperation planned in infrastructure, energy, security, education, culture and research. The new cabinet also targets an EU accession treaty by the end of 2028.
The reshuffle was wrapped up swiftly to avoid the loss of public trust after the alleged corruption scandals associated with the former PM. The new government largely favours continuity, existing relations with stakeholders and governmental experience, preserving institutional capabilities and the country’s momentum on EU integration. At the same time, Tofan also acknowledges key challenges, including a rising deficit and political tension between PAS and the opposition. However, Moldova’s short-term political outlook – given the synergies between parliament and the Presidential Office, as well as PAS’ majority in the legislature – remains stable.
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