Moldova

World Bank; International Monetary Fund; European Union; United Nations; DFID; SIDA

Moldova

Autores

World Bank

International Monetary Fund

Editor

Washington, DC

Descripción

This set of policy notes is intended to provide suggestions to the new Government on policy actions for addressing the various economic and social challenges that Moldova faces. Economic and social policy issues are the focus of this document. The notes have been prepared in the context of the current economic crisis, with short-term priorities and suggestions for immediate policy actions highlighted. This guidance for responding to the current crisis is followed by a medium-term agenda, which outlines possible policy measures for the longer term to promote and support sustainable development. However, it must be noted, that acting on these policy notes effectively will only be possible in a political climate of consensus in which the wounds left by the post-election conflict are allowed to heal. This will need reaffirmation of Moldova's citizens' basic human and civil rights. However, the global economic crisis has significantly clouded Moldova's immediate outlook. In addition, due to the global economic crisis, the economy of the Transnistria region has collapsed. Russia is now paying the civil service wage bill and pensions. An important contribution to the reintegration of the region would be for the Government of Moldova to assist in mitigating the impact of the crisis on the poor in Transnistria.

Palabras clave

ACCESS TO INFORMATION, ACCOUNTABILITY, ACCOUNTING, ANTI-CORRUPTION, ANTI-CORRUPTION STRATEGY, ASSETS DECLARATION, AUTHORITY, BALANCE OF PAYMENTS, BALANCE SHEET, BALANCE SHEETS, BANKING SECTOR, BANKING SYSTEM, BANKRUPTCIES, BENEFICIARIES, BENEFICIARY, BID, BIDS, BUDGETING, CAPITAL FORMATION, CAPITAL MARKETS, CASH BALANCE, CENTRAL GOVERNMENT, CHECKS, CITIZENS, CIVIL RIGHTS, CIVIL SERVICE, COMMUNITY DEVELOPMENT, CONFLICT OF INTEREST, CONFLICT OF INTERESTS, CONSENSUS, CONSUMPTION EXPENDITURE, CORRUPTION ACTIONS, CREDIT INFORMATION, CREDIT INFORMATION BUREAU, CREDIT MARKETS, CREDIT QUALITY, DEBT, DEBT MANAGEMENT, DECENTRALIZATION, DEFICITS, DEMOCRATIC REFORMS, DEPOSIT, DEPOSIT INSURANCE, DEPOSITS, DEVELOPING COUNTRIES, DISABILITY PENSION, DOMESTIC BANKING, DOMESTIC CAPITAL, DOMESTIC CAPITAL MARKET, DOMESTIC CREDIT, ECONOMIC DEVELOPMENT, EXCHANGE RATE, EXECUTION, EXPENDITURE, EXPENDITURES, EXPORTERS, EXTERNAL DEBT, FEE INCOME, FINANCIAL AUDITS, FINANCIAL CRISIS, FINANCIAL INFRASTRUCTURE, FINANCIAL INSTITUTION, FINANCIAL INTERMEDIATION, FINANCIAL MANAGEMENT, FINANCIAL MARKETS, FINANCIAL SECTOR, FINANCIAL SECTOR DEVELOPMENT, FINANCIAL SERVICES, FINANCIAL SUSTAINABILITY, FINANCIAL SYSTEM, FISCAL AUTONOMY, FISCAL CONTROLS, FISCAL CRISIS, FISCAL DEFICIT, FISCAL GAP, FISCAL POLICY, FISCAL REVENUE, FISCAL REVENUES, FISCAL SUSTAINABILITY, FIXED CAPITAL, FLEXIBLE EXCHANGE RATE, FLOW OF CREDIT, FOREIGN CURRENCY, FOREIGN DIRECT INVESTMENT, FOREIGN TRADE, FORMAL EMPLOYMENT, FRAUD, GLOBAL TRADE, GOOD GOVERNANCE, GOVERNANCE ISSUES, GOVERNMENT DEBT, GOVERNMENT EFFORTS, GOVERNMENT INVESTMENT, GOVERNMENT INVESTMENTS, GOVERNMENT REGULATIONS, GOVERNMENT RESOURCES, GROSS DOMESTIC PRODUCT, HOST COUNTRIES, HUMAN CAPITAL, INCOME LEVEL, INDEBTEDNESS, INFLATION, INFLATION RATE, INFORMAL ECONOMY, INFORMAL SECTOR, INFORMATION DISCLOSURE, INSTITUTIONAL CAPACITY, INSTITUTIONAL DEVELOPMENT, INSTITUTIONAL REFORMS, INSTRUMENT, INSURANCE, INTEREST RATES, INTEREST RATES FOR LOANS, INTERNATIONAL FINANCIAL INSTITUTIONS, INTERNATIONAL STANDARDS, INTERPOLATION, INVESTMENT CLIMATE, INVESTMENT FUND, INVESTMENT PROJECTS, INVESTMENT PURPOSES, JUDICIAL REFORMS, JUDICIARY, LABOR MARKET, LABOR MARKETS, LABOR PRODUCTIVITY, LABOR SHEDDING, LEGAL FRAMEWORK, LEGISLATION, LIQUIDITY, LIQUIDITY RATIOS, LOAN, LOAN PORTFOLIO, LOAN QUALITY, LOCAL AUTHORITIES, LOCAL CURRENCY, LOCAL ECONOMY, LOCAL GOVERNMENT, LOCAL GOVERNMENTS, LOCAL TAXES, MACROECONOMIC POLICY, MARKET CONCENTRATION, MARKET INSTRUMENTS, MARKET PARTICIPANTS, MATURITIES, MEMBER STATES, MIGRATION, MODEL CODE, MONETARY POLICY, MORTGAGE, MORTGAGE LOANS, NATIONAL BANK, NATURAL DISASTER, OLD-AGE PENSION, OPEN ECONOMY, PENSION, PENSION REFORM, PENSION REFORMS, PENSION SYSTEM, PENSION SYSTEM REFORMS, PENSIONS, PORTFOLIO, PORTFOLIO QUALITY, PUBLIC ADMINISTRATION, PUBLIC ADMINISTRATION REFORM, PUBLIC BORROWING, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE MANAGEMENT, PUBLIC EXPENDITURES, PUBLIC FUNDS, PUBLIC HEALTH, PUBLIC INFORMATION, PUBLIC INSTITUTIONS, PUBLIC INVESTMENT, PUBLIC OFFICIALS, PUBLIC PROCUREMENT, PUBLIC PROCUREMENTS, PUBLIC REVENUES, PUBLIC SECTOR, PUBLIC SERVICE, PUBLIC SPENDING, RATIONALIZATION, REGULATORY CAPACITY, REGULATORY FRAMEWORK, REHABILITATION, REMITTANCE, REMITTANCES, REPAYMENTS, REPRESENTATIVES, RETURN, REVENUE COLLECTION, RULE OF LAW, SAFETY NET, SAFETY NETS, SECURITIES, SECURITIES MARKETS, SETTLEMENT, SIZE OF GOVERNMENT, SOCIAL ASSISTANCE, SOCIAL ASSISTANCE PROGRAM, SOCIAL ASSISTANCE SYSTEM, SOCIAL POLICY, SOCIAL PROTECTION, SOCIAL SAFETY, SOCIAL SAFETY NET, SOCIAL SAFETY NETS, SOCIAL SECTORS, SOCIAL SUSTAINABILITY, SOLVENCY, STATE ASSETS, STATE-OWNED ENTERPRISES, TAX, TAX ADMINISTRATION, TAX BURDEN, TAX RATES, TAXATION, TERM DEPOSITS, TRANSITION COUNTRIES, TRANSPARENCY, TREASURY, WORKING CAPITAL