Government Tightens Selection of Public Investment Projects
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The Cabinet of Ministers will tighten the selection process for state-funded projects

The government is strengthening the mechanism for selecting and monitoring major projects involving public investment.
Tatiana Sichirliiscaia Reading time: 1 minute
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According to a statement from the Ministry of Finance, the government has approved amendments to a number of regulations governing development funds with the aim of improving the system for planning, implementing, and monitoring public investments.

The new provisions establish a unified and mandatory mechanism for reviewing, evaluating, and selecting large-scale investment projects with a value exceeding 200 million lei or 10 million euros.

These measures are also aimed at adjusting the regulatory framework governing the activities of the National Fund for Regional and Local Development, the National Environmental Protection Fund, and the Road Fund, with the aim of ensuring a consistent and transparent approach to the use of public resources.

The implementation of these changes will contribute to improving the quality of investment projects, prioritizing public spending more effectively, strengthening budgetary discipline, and ensuring a more responsible use of budget funds at the national level.


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