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In which areas will the World Bank continue to invest in Moldova?

Global trends and tax policy for the coming year, improving the efficiency of public spending and modernising the public sector pay system were discussed today during a meeting between Finance Minister Victoria Belous and Robert Saum, the World Bank’s Regional Director for Eastern Europe.
Tatiana Sichirliiscaia Tatiana Sichirliiscaia Reading time: 2 minutes
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Victoria Belous

Victoria Belous

According to the Ministry of Finance, they analysed the priorities for cooperation in the coming period and the World Bank’s contribution to Moldova’s economic development. Particular attention was paid to accelerating reforms already underway and speeding up the implementation of projects supported by the World Bank.

The parties also discussed technical assistance and funding opportunities for new projects planned for the period up to 2027 in sectors such as infrastructure, energy, water supply and sanitation. They also discussed programmes aimed at the efficient use of resources and achieving concrete results for citizens.

As previously reported by Logos Press, the World Bank Group’s current portfolio in Moldova comprises 11 investment projects, one DPO budget support programme and two projects at an advanced stage of preparation.

The initiatives funded with World Bank support cover energy and energy efficiency, water supply and sanitation, agriculture and irrigation, education, healthcare and rehabilitation services. Some of the projects are aimed at developing small and medium-sized enterprises, improving transport and other connectivity in rural areas, and enhancing the country’s resilience to external and internal risks.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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