Briefing Book from Development Partners of Moldova
The community of development partners in the Republic of Moldova would be honored to engage in the development policy dialogue with the new Government. This briefing book from development partners is offered as a first step in such a dialogue and...
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Format: | Report |
Language: | English en_US |
Published: |
Washington, DC
2015
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Online Access: | http://documents.worldbank.org/curated/en/2015/01/24203490/briefing-book-development-partners-moldova http://hdl.handle.net/10986/21798 |
Summary: | The community of development partners in
the Republic of Moldova would be honored to engage in the
development policy dialogue with the new Government. This
briefing book from development partners is offered as a
first step in such a dialogue and is solely intended to
assist the new Government by providing development partners
views and proposals that it can use to the extent it
considers useful and relevant. These recommendations are
based on Moldova s existing policy orientations as set out
in the National Development Strategy Moldova 2020, its
international obligations, and the Association Agreement
(AA) with the European Union (EU). Moldova made a formal
commitment to accelerate the country s development by making
it capital-intensive, sustainable and knowledge-driven. With
a strategic framework outlining Moldova s development path
in place, it is now critical to accelerate implementation of
the reforms including those set out in the Association
Agenda to move closer to the EU. Moldova faces significant
risks in the financial sector, which should be addressed as
a matter of urgency. A well-regulated and reliable banking
sector is fundamental to business, people and international
investors. At the same time a robust system of public
financial management should be in place to ensure
transparency and accountability of public finances. Moldova
should develop a competitive business environment attractive
to new investment. Moldova should also take advantage of new
trading opportunities through effective implementation of
the Deep and Comprehensive Free Trade Area (DCFTA). |
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