Companies from labour intensive industries like textiles and garment production are investing in Moldova as wages rise in Romania and CEE.
Moldovans will be able to pay a 3% tax in return for declaring undeclared or under-valued assets, which critics claim will enable the legalisation of stolen funds including those from the $1bn banking fraud revealed in 2014.
Robust wage remittances are driving imports up as the local production base cannot cope with the rising demand for goods.
Prime Minister Pavel Filip hinted that besides bad management, fraud could have caused the losses incurred by the troubled rail company, which is slated for restructuring.
Chisinau is reorienting its energy policy towards Romania as it seeks to end both its dependence on electricity from the separatist Transnistria region and Russian gas imports.