Republic Of Moldova Technical Assistance Report Country Governance Assessment

Author : International Monetary,International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 108 pages
File Size : 43,5 Mb
Release : 2021-07-26
Category : Business & Economics
ISBN : 9781513592121

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Republic of Moldova: Technical Assistance Report-Country Governance Assessment by International Monetary,International Monetary Fund. Legal Dept. Pdf

Despite having legal and institutional frameworks largely in place, Moldova continues to suffer from significant corruption and governance vulnerabilities. These are fairly pronounced in the areas of rule of law, anti-corruption, anti-money laundering and combatting the financing of terrorism (AML/CFT), and SOE governance, while other areas assessed for purposes of this report (PFM, tax administration, central bank governance and financial sector oversight) presented some good progress in mitigating such vulnerabilities.

Author : International Monetary Fund Legal Dept
Publisher : Unknown
Page : 0 pages
File Size : 50,9 Mb
Release : 2021
Category : Electronic
ISBN : OCLC:1407633885

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Republic of Moldova by International Monetary Fund Legal Dept Pdf

Despite having legal and institutional frameworks largely in place, Moldova continues to suffer from significant corruption and governance vulnerabilities. These are fairly pronounced in the areas of rule of law, anti-corruption, anti-money laundering and combatting the financing of terrorism (AML/CFT), and SOE governance, while other areas assessed for purposes of this report (PFM, tax administration, central bank governance and financial sector oversight) presented some good progress in mitigating such vulnerabilities.

Author : International Monetary,International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 114 pages
File Size : 51,7 Mb
Release : 2021-07-29
Category : Business & Economics
ISBN : 9781513590615

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Republic of Moldova: Technical Assistance Report-Country Governance Assessment by International Monetary,International Monetary Fund. Legal Dept. Pdf

Despite having legal and institutional frameworks largely in place, Moldova continues to suffer from significant corruption and governance vulnerabilities. These are fairly pronounced in the areas of rule of law, anti-corruption, anti-money laundering and combatting the financing of terrorism (AML/CFT), and SOE governance, while other areas assessed for purposes of this report (PFM, tax administration, central bank governance and financial sector oversight) presented some good progress in mitigating such vulnerabilities.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 20 pages
File Size : 44,7 Mb
Release : 2020-03-18
Category : Social Science
ISBN : 9781513537320

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Republic of Moldova by International Monetary Fund. European Dept. Pdf

This Selected Issues paper provides a systematic assessment of Moldova’s governance and institutional frameworks. It follows guidelines approved by the IMF executive board, which were developed to deliver systematic and even-handed analysis on macroeconomically critical governance and institutional vulnerabilities. This paper also focuses on seven key areas for IMF engagement: corruption, rule of law, regulatory framework, fiscal governance, financial sector oversight, anti-money laundering/combating the financing of terrorism, and central bank governance. The analysis is based on internationally comparable data, diagnosis from IMF technical assistance reports, as well as other expert assessments. Strengthening the judiciary and rule of law and accelerating state-owned enterprises (SOE) reform are clear priorities. The widespread nature of governance vulnerabilities and institutional weaknesses in Moldova, combined with capacity constraints, creates challenges for policy formulation and prioritization. Policy efforts should therefore focus on strengthening rule of law and reforming Moldova’s judiciary system, as well as building capacity and increasing the autonomy of key institutions. Steadfast SOE reform would foster competition, investment, and productivity, while reducing fiscal risks.

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 87 pages
File Size : 45,6 Mb
Release : 2022-12-15
Category : Business & Economics
ISBN : 9798400228810

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Republic of Moldova by International Monetary Fund. Fiscal Affairs Dept. Pdf

The State Tax Service (STS) has made good progress in enhancing services to taxpayers. A stable dispute resolution process and new tools for enhancing the quality of tax audit will lay a good foundation for an increase in public trust in Moldovan tax administration. The recent focus on establishing processes for business continuity to reduce operational and human capital risks shows a good level of preparedness to manage external hazards.

Author : International Monetary Fund. Statistics Dept.
Publisher : International Monetary Fund
Page : 18 pages
File Size : 43,6 Mb
Release : 2018-10-03
Category : Business & Economics
ISBN : 9781484377376

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Republic of Moldova by International Monetary Fund. Statistics Dept. Pdf

In response to a request from the European Department, a Public-Sector Debt Statistics (PSDS) technical assistance (TA) mission was conducted in Chisinau during April 2–6, 2018. With the objective of improving Moldovan public sector debt statistics, the mission conducted an evaluation of data comprehensiveness in terms of: (i) institutional coverage; (ii) instrument coverage, including maturity structures; (iii) valuation of debt liabilities; and; (iv) additional fiscal risks resulting from contingent liabilities (on-lending and guarantees). Like the recent article IV mission1 and Public Finance Management (PFM) assessment,2 the mission found that Moldova continues to improve their recording, compilation and dissemination of public sector debt statistics reflecting potential fiscal risks, but faces five main statistical challenges going forward.

Author : International Monetary Fund. Statistics Dept.
Publisher : International Monetary Fund
Page : 25 pages
File Size : 43,7 Mb
Release : 2020-05-22
Category : Business & Economics
ISBN : 9781513544939

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Republic of Moldova by International Monetary Fund. Statistics Dept. Pdf

This Technical Assistance report on the Republic of Moldova constitute technical advice provided by the staff of the IMF to the authorities in response to their request for TA. The mission recommended that the National Bank of Moldova (NBM) play the lead role in the production of financial balance sheet statistics (FABS). Coordination of the activities of the agencies involved in the project is key to its success. In addition, the mission recommended that the NBM create a higher level group to act as a monitoring committee. The role of this group should be to ensure that the work of the interagency group is proceeding satisfactorily and on time, and to resolve any conceptual or practical issues that the technical group cannot agree on. It should meet at least twice a year, however, may need to meet more often in the earlier part of the project. The NBM agreed with the plan, which aims to compile and FABS publish annual and quarterly by March 2022. By March 2020, the NBM will generate sector annual financial balance sheet data for the 2015–2018 period using existing data. The report recommends organizing a seminar for compilers, the objective is to explain the goal of FABS, present the challenge and the methodology.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 55,8 Mb
Release : 2024-07-01
Category : Electronic
ISBN : OCLC:1323439265

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Republic of Moldova by Anonim Pdf

Author : International Monetary,International Monetary Fund. Statistics Dept.
Publisher : International Monetary Fund
Page : 14 pages
File Size : 48,6 Mb
Release : 2022-09-23
Category : Business & Economics
ISBN : 9798400223181

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Republic of Moldova by International Monetary,International Monetary Fund. Statistics Dept. Pdf

A national accounts statistics mission provided remote technical assistance in national accounts to the National Bureau of Statistics of Moldova (NBS) during January 17–28, 2022. The NBS has received extensive technical assistance from the IMF in recent years and has made good progress in improving the national accounts compilation. The GDP estimates are compiled according to the System of National Accounts, 2008. Recent national accounts technical assistance missions have assisted the NBS in improving the quarterly estimates of GDP, implementing chain-linked volume measures, and implementing the Statistical Classification of Economic Activities in the European Community (NACE rev.2), among other areas. The mission assisted in improving the annual GDP estimates for 2014 to 2020, to take account of revised population data and other additional source data. Estimates of GDP in current prices by production and by expenditure categories were reviewed and improved. Estimates of GDP in volume terms (at prices of the previous year) were compiled by production and expenditure categories. Both sets of GDP estimates were balanced at current prices and in volume terms. The mission recommended that, to improve the consistency and accuracy of the GDP estimates, the NBS develop a system to compile supply and use tables on a regular basis.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 65 pages
File Size : 51,7 Mb
Release : 2012-11-07
Category : Business & Economics
ISBN : 9781498340236

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Moldova - Technical Assistance Report on Taking Compliance Management Further by International Monetary Fund Pdf

This report concerns the delivery of a tax administration mission to Moldova during February 8 – 21, 2012 by the Fiscal Affairs Department (FAD) of the IMF as a component of implementing FAD's technical assistance strategy for Southeast Europe.

Author : International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 26 pages
File Size : 42,6 Mb
Release : 2024-03-22
Category : Business & Economics
ISBN : 9798400267659

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Republic of Moldova by International Monetary Fund. Legal Dept. Pdf

Upon the request of the authorities of Moldova, the Legal Department provided Technical Assistance on the establishment of the Specialized Anti-Corruption Judiciary (SAJ) in Moldova. The TA report provides analysis of the draft law on the Anti-Corruption Judicial System and other related laws, and proposes recommendations. The recommendations are informed by international standards and good practices on judicial independence and integrity, and are designed to respond to specific challenges faced by Moldova. The creation of the SAJ is an important new initiative aimed at strengthening anti-corruption efforts following the establishment of the Anti-Corruption Prosecutor Office (APO) in 2016. A SAJ composed of judges selected through competitive process with the participation of civil society and reputable anti-corruption experts, can significantly contribute to reducing corruption through effective adjudication of corruption cases.

Author : International Monetary Fund. Statistics Dept.
Publisher : Unknown
Page : 27 pages
File Size : 41,7 Mb
Release : 2020-08-04
Category : Electronic
ISBN : 1513552287

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Republic of Moldova by International Monetary Fund. Statistics Dept. Pdf

In response to a request from the European Department, a Public-Sector Debt Statistics (PSDS) technical assistance (TA) mission was conducted in Chisinau during October 2-8, 2019. The mission funded by the Data for Decisions (D4D) multi-donor trust fund and followed up on a D4D Public Sector Debt Statistics (PSDS) workshop held in Vienna, Austria during July 2019, where participants from Moldova identified data gaps with current compilation of debt statistics. The mission primarily worked with the Ministry of Finance (MOF) Public Debt Department (PDD), but also had discussions with the Budget and Treasury Department. Outside the MOF, the mission had meetings with the Public Property Agency (PPA), the Municipality of Chisinau and the National Bank of Moldova (NBM). Finally, the mission also held a joint meeting with representatives of a separate IMF TA Mission on sectoral accounts with Treasury and attended the concluding meeting of that mission with the NBM.

Author : International Monetary,International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 79 pages
File Size : 54,5 Mb
Release : 2022-02-23
Category : Business & Economics
ISBN : 9798400200434

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Republic of Moldova: Selected Issues by International Monetary,International Monetary Fund. European Dept. Pdf

Selected Issues

Author : Mr. Amgad Hegazy,Arturo Navarro
Publisher : International Monetary Fund
Page : 40 pages
File Size : 43,6 Mb
Release : 2022-03-04
Category : Business & Economics
ISBN : 9798400202612

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The Nexus Between Public Enterprise Governance, Financial Performance, and Macroeconomic Vulnerabilities: An Application to Moldova by Mr. Amgad Hegazy,Arturo Navarro Pdf

Strong governance frameworks for public enterprises have long been an anchor of stability and efficiency underpinning their financial operations and performance. Cross-country experiences with the adoption of robust legal, regulatory and institutional arrangements—in line with international best practices— proved critical in reducing well-known risks and vulnerabilities from such companies, clarifying the role of the state, improving the management of state assets, and ensuring a level playing field for the private sector to prosper. Moldova’s large public enterprise sector of over 900 companies faces elevated risks that amplify fiscal and macroeconomic vulnerabilities and undermine market competition, productivity, and private investment. Moldova stands to greatly benefit from strengthening its public corporate governance regime to put its public enterprises on a stronger footing, address vulnerabilities, and improve market structure.

Author : Maksym Markevych,Ms. Marina Marinkov
Publisher : International Monetary Fund
Page : 17 pages
File Size : 42,7 Mb
Release : 2024-02-09
Category : Business & Economics
ISBN : 9798400268137

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Corruption and Economic Growth in Moldova by Maksym Markevych,Ms. Marina Marinkov Pdf

This paper examines corruption in Moldova, analyzing its impact on economic growth and progress in implementing earlier IMF recommendations on anti-corruption and anti-money laundering (AML). Despite solid legal frameworks, corruption remains a significant challenge, impeding growth and EU convergence. Drawing from regional successes, the paper stresses the importance of specialized anti-corruption agencies, robust prosecution, civil society involvement, and international expertise. Moldova has made strides in strengthening its legal and institutional infrastructure, but challenges like delayed corruption case adjudication persist. Recommendations include enhancing the Anti-corruption Prosecution Office's investigative capacity and establishing specialized adjudication infrastructure.