Moldova Economic Governance DPO1

closed

The development objective of Economic Governance Development Policy Operation Project is to support the government of Moldova in reducing fiscal risks and leveling the playing field for private sector development. This operation supports reforms to strengthen economic governance in Moldova linked to the management of public resources to reduce fiscal risks (Pillar A) and to level the playing field for private sector development (Pillar B), including in the core economic sectors of agriculture, banking, and energy. The reforms supported by this program are aligned with specific priorities identified in the National development strategy Moldova 2020. Pillar A focuses on reducing fiscal risks by strengthening oversight mechanisms which also contribute to the fight against corruption and supporting reforms to the pension system and tobacco taxation. Pillar B supports private sector development through leveling the playing field in access to business opportunities and resources in the overall economy and in its core sectors (agriculture, banking, and energy).