Technical Assistance to Improve Public Finance Policy and Public Financial Management in Moldova

Stronger economy
3.3 million Euro
Ministry of Finance of the Republic of Moldova
2015 - 2018
Finalised
The TA Project assists the implementation of the Strategy through seven components: fiscal policy formulation, and revenue projection and analysis; annual and medium‐term budget planning; budget transparency and public access to key fiscal information, including the development of a Citizen’s Budget; treasury management and the development of an adequate system of government accounting and reporting; debt management; public investment management; advice on design and implementation of the EU budget support instrument.
Accomplishments:

 

-  Improved fiscal governance, macroeconomic forecasting and revenue projection for setting fiscal targets and the level of expenditures compatible with these targets over the medium term;
-  Improved annual and medium-term budget planning (MTBF) to enhance budget discipline and credibility;
-  Improved budget transparency and public access to key fiscal information, to increase the citizens’ access and understanding of the Budget;
-  Improved treasury management to ensure effective control of expenditure, including an adequate system of accounting and reporting;
-  Improved debt management;
-  Improved mechanisms for prioritising capital proposals taking into account the economic and financial benefits of the projects;
-  Improved capacity of the MoF to participate effectively in the formulation and coordinate the implementation of the EU budget support programmes.
 

Address map and contacts

Ministry of Finance of the Republic of Moldova
+ 373 22 262684; + 373 79632339

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