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

Project Description
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.
Specific Objective
- To assist the Government, Parliament and the Supreme Audit Institution of Moldova in the process of enhacing good governance, effective fiscal policy, transparent and accountable public finance policy and strengthened public financial management systems.
Expected Results
- 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 mechanisms for prioritizing 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.
- Improved debt management.
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PROJECT DETAILS
Moldova
Priority Area:
Partnership that protects
Subsector:
Governance & public administration
Topic:
Good government
Project Status:
Completed
Start Date:
24.11.2015
End Date:
23.11.2018
EU Project Number:
367-275