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Moldova - Poverty Reduction Support Credit (English)

The proposed Poverty Reduction Support Credit (PRSC) for the Republic of Moldova follows an intensification of the Government's reform efforts over the past several years and is intended to bolster and deepen those efforts. More specifically, the proposed credit aims to enhance the Government's ability to accelerate economic growth and improve the efficiency of its social programs and public administration - key elements in poverty reduction. To this end, the proposed PRSC will support selective areas of the Government's reform agenda, as outlined in the Poverty Reduction Strategy Paper (PRSP) and the European Union (EU)-Moldova action plan, thereby complementing and reinforcing other Bank Group programs in Moldova, the International Monetary Fund (IMF)-supported Poverty Reduction Growth Facility (PRGF) and other donor activities. Closely aligned with the Country Assistance Strategy (CAS), the PRSC will support the EGPRSP objectives of: Improving the Investment Climate; Improving the Efficiency and Management of Public Resources; and Strengthening Pension and Social Assistance Systems.

Details

  • Document Date

    2006/09/20

  • Document Type

    Program Document

  • Report Number

    37358

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Moldova,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2006/10/20

  • Disclosure Status

    Disclosed

  • Doc Name

    Moldova - Poverty Reduction Support Credit

  • Keywords

    corporate farm;Savings and Credit Association;public investment in infrastructure;increase in energy price;pension and social assistance;Public and Publicly Guaranteed;macroeconomic framework;decline in poverty rate;personal income tax revenue;policy and structural reform;personal income tax rate;public sector reform;high energy price;public investment spending;Public Financial Management;investment climate;social assistance program;education and health;current account deficit;Social Safety Nets;corporate tax rate;social assistance system;public investment management;human resource development;inclusive economic growth;Public Administration Reform;public resource;business environment;reform effort;agricultural sector policy;prudent fiscal policy;number of inspections;debt restructuring agreement;public sector investment;consultations with stakeholders;disparities in access;fast economic growth;government support program;debt sustainability analysis;direct negative effect;total factor productivity;external debt ratios;poverty reduction effort;government decision making;final consumption expenditure;economically active population;public procurement contract;single source procurement;energy subsidy program;natural gas finance;government budget deficit;access to infrastructure;competitive exchange rate;private sector debt;total external debt;social protection system;current account balance;bureau of statistic;Foreign Exchange Reserve;foreign exchange market;nominal exchange rate;keeping inflation low;Poverty & Inequality;social protection strategy;agricultural producer price;social insurance system;decline in investment;agricultural land use;public sector debt;public procurement practice;centrally planned economy;public sector resource;world market price;foreign direct investment;private sector activity;fuel oil import;real exchange rate;value added tax;general government expenditure;unit labor costs;tight monetary policy;natural gas import;public sector wage;government transfer program;fiscal space;vulnerable group;external arrears;public expenditure;Public Infrastructure;agricultural output;crowding out;domestic supply;strategic allocation;domestic investment;external shock;economic recovery;debt service;family farm;executive board;fiscal revenue;domestic productivity;fiscal discipline;market economy;agriculture sector;pension reform;multilateral donor;Public Spending;Fiscal policies;farmer income;Business Registration;trade deficit;input market;concessional financing;domestic currencies;fiscal program;bilateral creditor;donor support;income poverty;Exchange Rates;labor productivity;public debt;nominal rate;pension system;external financing;medium-term budget;rural area;public finance;reform benchmark;targeting efficiency;commercial creditor;capacity utilization;labor shedding;official reserve;donor activities;remittance;budgetary support;Agricultural Subsidies;Agriculture Subsidies;crop production;energy subsidies;expenditure amount;direct administration;land code;poverty trend;consumption growth;open tendering;increased competition;domestic household;transition economy;reform strategy;domestic output;real growth;remittance inflow;clearance time;vulnerable category;real sector;government strategy;agricultural value;license procedure;compensation scheme;parity price;strategic objective;recovery period;enrollment rate;transition countries;public support;ownership structure;pocket expense;price rise;farm size;international competitiveness;energy need;civil society;viable business;Rural Poor;Macroeconomic Management;Business Regulation;fiscal deficit;urban agricultural policy;oil product;human capital;transition country;gas prices;financial sustainability;business inspections;Public Services;fiduciary risk;medium-term outlook;real gdp;equilibrium wage;import price;increased transparency;improved public;procurement function;consumer protection;procurement system;disposable income;reduction measure;poverty focus;reservation wage

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Citation

Moldova - Poverty Reduction Support Credit (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/763531468277459254/Moldova-Poverty-Reduction-Support-Credit