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Moldova - First and Second Poverty Reduction Support Credits Project (Inglês)

Ratings for the First and Second Poverty Reduction Support Credits (PRSC) Project for Moldova were as follows: outcomes were moderately satisfactory, the risk to development outcome was moderate, the Bank performance was moderately satisfactory, and the Borrower performance was also moderately satisfactory. Some lessons learned included: the political economy must be understood and given due consideration because it affects the capacity of the authorities to implement their own program. The size and complexity of the policy matrix must be reasonable, and feasibly balanced with the government's program and institutional capacity. A strong focus on the results framework facilitates stock-taking of achievements during program implementation. The program matrix including the set of indicative outcomes facilitated the assessment of progress, provided a sound basis for and policy dialogue. Complex lending operations require strong field presence and cross-sector collaboration by the Bank team. In an environment where implementation capacity is weak, operations like the PRSC series require day-to-day supervision and strong crosssectoral collaboration within the Bank on the policy agenda to deliver the expected outcomes of the lending program.


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    Conclusão da Implementação e Relatórios sobre Resultados

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    Europa e Ásia Central,

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  • Nome do documento

    Moldova - First and Second Poverty Reduction Support Credits Project

  • Palavras-chave

    Compensatory and Contingency Financing Facility;individual account system;Administrative and Civil Service Reform;pension and social assistance;Public Administration and Civil Service;Compulsory Pension and Unemployment Insurance;public resource;improvements in energy efficiency;ip disbursements archived;domestic natural gas price;investment climate;reform effort;improved trade facilitation;public financial management system;efficiency of health care;Board of Executive Directors;efficiency of education spending;general public administration sector;public investment spending;Savings and Credit Association;public procurement practice;high energy price;public investment management;poverty reduction effort;social assistance program;quality at entry;strategic allocation;industry and trade;policy reform agenda;inclusive economic growth;assessment of outcome;transparent eligibility criteria;global economic crisis;education for all;roads and highway;real gdp;human resource development;primary health care;regulatory compliance cost;health care centers;bank finance;government decision making;international poverty line;medium-term expenditure framework;pension system;centrally planned economy;pension reform;system of subsidy;assessment of risk;general education sector;Social Safety Nets;quality of supervision;growth and development;civil service classification;inflow of remittance;legislation and regulation;reduction of poverty;customs clearance time;annual budget law;road maintenance contract;targeted social assistance;international development institution;public sector reform;electricity and gas;public sector wage;choice of indicators;single source procurement;decline in poverty;civil service remuneration;introduction of competition;public procurement contract;total external debt;Rule of Law;rural extension service;social protection system;fall in consumption;engine of growth;targeting efficiency;pension program;physical inspection;primary author;Public Infrastructure;farm ownership;program administration;draft law;agriculture sector;policy priority;macroeconomic framework;tariff approach;producer price;investment lending;transportation infrastructure;development partner;Political Economy;external shock;positive growth;monitoring indicator;energy intensities;energy intensity;annual target;fiscal balance;market economy;rural policy;domestic productivity;household expenditure;parity price;agricultural product;government effort;sunflower seed;import regime;economic climate;donor activities;vulnerable group;administrative cost;school network;financial crisis;agricultural support;farm size;government support;individual farmer;open tendering;export opportunities;Public Spending;export opportunity;process industry;civil society;cross-border trade;developmental outcomes;subsequent withdrawal;administrative requirement;vulnerable household;fiscal contraction;reform gain;energy reform;agricultural subsidy;parliamentary election;donor community;pension value;pension base;cooperative bank;expenditure restraint;cumulative growth;sustainable level;international community;regulatory requirement;difficult environment;political consensus;investment expenditure;consumer protection;executive regulation;business entry;agricultural sector;remuneration system;local price;grade system;indebted country;reservation wage;budget process;cost-benefit analysis;application software;large farm;peasant farm;vat refunds;agricultural market;perennial crop;grain price;farm organization;budget performance;inflationary pressure;donor resource;fuel price;binding constraint;import price;increased competition;political constraint;core objectives;absolute decline;constitutional crisis;government transfer;national energy;guiding principles;economic recovery;net repayment;program finance;european commission;enhancing competitiveness;fiscal space;yield increase;teacher ratio;social program;democratic state;national economy;international donor;budget support



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