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Memorandum of understanding between the government of Romania and the World Bank on partnership and support in the implementation of the EU structural and cohesion funds in Romania and modernization of public (Inglês)

This Memorandum of Understanding (MOU) is made by the Government of Romania and the World Bank on partnership and support in the implementation of the EU structural and cohesion funds in Romania and modernization of public administration. It is anticipated that the World Bank support will focus on a number of specific substantive areas which will include, but not be limited to: Area l: Horizontal support for strengthening the administrative capacity of the public institutions with the role of Managing Authorities, intermediate bodies and public beneficiaries of the Structural and Cohesion Funds, and for streamlining the national legislative and regulatory framework with impact on the absorption of Structural and Cohesion Funds; andArea 2: Specific needs relating to the implementation of the operational programs financedfrom Structural and Cohesion Funds.

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