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Moldova - Country partnership strategy progress report for the period FY09-FY13 (English)

This progress report assesses implementation of the current joint Bank-International Finance Corporation (IFC) Moldova Country Partnership Strategy (CPS). The CPS focuses on three pillars: (i) improving economic competitiveness; (ii) minimizing social and environmental risks, building human capital, and promoting social inclusion; and (iii) improving public sector governance. The CPS envisages annual commitments of approximately USD 45-50 million. The International Development Association (IDA-15) lending envelope, along with an additional USD 20 million, and USD 11.2 million from the IDA Crisis Response Window, have been fully utilized. IFC has actively increased its activities in the last three years with a total of USD 79 million in investments and envisages annual commitments of USD 30-40 million. Modifications proposed to the CPS respond to the changed environment. The pillars of the strategy remain valid for the post-crisis period. The Bank will continue to be selective given its limited resources and will remain flexible to adjust to changing economic and political realities. Resources will be put into core areas with solid track records, strong government ownership and commitment to reform, and opportunities for strategic partnerships. Where other partners are in the lead, the Bank may exit or scale down. Given the opportunity provided by a reform-minded Government, we propose that the CPS period be extended to the end of FY13 to support key reforms and consolidate and focus the Bank's program, with a new CPS starting in FY14.


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    Country Assistance Strategy Document

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    Europe and Central Asia,

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  • Doc Name

    Moldova - Country partnership strategy progress report for the period FY09-FY13

  • Keywords

    disaster and climate risk management;bank's system;information and communication technology;Governance in the Public Sector;women in decision making position;Demand for Good Governance;small and medium enterprise;out of pocket expenditures;social and economic development;alternative sources of financing;regional private equity fund;private sector job creation;European Bank for Reconstruction;high-quality public service;Rule of Law;Public Administration Reform;global economic crisis;Public Financial Management;access to finance;program of support;certificates of quality;social and environmental;Objectives and Outcomes;education for all;Public Sector Governance;inefficient public sector;public sector reform;european integration;readiness for implementation;aid per capita;number of seats;breach of contract;electricity distribution company;general education sector;efficiency and viability;efficiency and quality;constraints to growth;Water Resource Management;climate change vulnerability;education sector reform;education and health;fuel excise tax;private sector representative;share of credit;weights and measure;export of goods;public service provision;governance and growth;social assistance system;law enforcement body;enforcement of legislation;intellectual property rights;improvement in productivity;terms of trade;quality assurance infrastructure;civil service salary;civil service remuneration;civil service training;cost of transport;access to infrastructure;protection of competition;decentralization of power;global financial crisis;access to loan;Education Information Systems;quality and relevance;regulatory compliance cost;social assistance program;rural poverty rate;rural urban disparity;national poverty rate;targeted social assistance;fall in tax;social assistance payments;exchange rate depreciation;severe weather events;fast economic growth;increase in remittance;impact of migration;children and youth;incentives for migrants;water and wastewater;civil society;total energy consumption;work education;length of road;restrictions on export;Disaster Risk Mitigation;road construction industry;impact of reforms;district heating sector;quality of education;goods for export;Exchange Rates;production and export;contractor for works;international donor community;investment lending;bank's support;



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Moldova - Country partnership strategy progress report for the period FY09-FY13 (English). Washington, D.C. : World Bank Group.