Moldova to Spend 80 Million Lei on Swiss Project to Cut Business Barriers
EUR/MDL - 20.07 0.2099
USD/MDL - 17.35 0.3437
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
GOLD - 4,319.53 0.56%
EURUSD - 1.16 0%
BRENT - 107.14 8.65%
SP500 - 737.05 0.29%
SILVER - 67.89 0.31%
GAS - 2.94 6.14%

Moldova will spend 80 million lei provided by Switzerland to identify barriers to business

The Moldovan authorities and their Swiss partners have launched a new phase of the STIC project, valued at nearly 80 million lei, aimed at simplifying regulatory requirements for businesses and increasing transparency in interactions between the private sector and government agencies.
Dmitry Kalak Reading time: 2 minutes
Text size
Link copied
STIC Project Steering Committee

At the first meeting of the Steering Committee for the STIC project (“Strengthening Trust, Integrity, and Compliance in SMEs and the Public Sector in Moldova and Between Them”), held at the Ministry of Economic Development and Digitalization on June 10, the results of the preparatory phase and work plans for the coming years were presented.

Participants discussed the outcomes of consultations with entrepreneurs and industry associations, as well as the results of an analysis of value chains in agriculture and construction. During the project’s preparation, key administrative and regulatory barriers were identified that complicate the operations of companies in these sectors.

Simplifying regulations will be a priority

In 2026, the project will focus on reviewing and refining the restrictions identified by business representatives, developing practical compliance tools, and testing pilot solutions that will make it easier for companies to meet legal requirements.

At the same time, the plan is to identify opportunities to reduce excessive regulatory procedures and increase transparency in the development and application of regulations.

According to the initiators, this approach should help strengthen trust between government agencies and the business community, as well as reduce administrative costs for businesses.

The project is scheduled to run until 2028

The STIC project is being implemented from 2024 to 2028 with support from Switzerland. Its total budget is 3.92 million Swiss francs, or approximately 80 million lei.

The project’s results are expected to contribute to the creation of a more predictable and competitive business environment, especially for small and medium-sized enterprises, which are most sensitive to administrative and regulatory barriers.

The meeting was attended by Guido Beltrani, Director of the Swiss Cooperation Office; State Secretary of the Ministry of Economic Development and Digitalization Natalia Selvestru, State Secretary of the Ministry of Agriculture and Food Industry Sergiu Gherciu, as well as representatives of a number of government agencies and organizations involved in the project’s implementation.


Follow our updates


Реклама недоступна
Related*
More from author*

We always appreciate your feedback!

Latest news
Popular now*
Must Read*