H0 - General
POSITION NOTE on Converting into State Debt the Emergency Loans Granted by NBM in 2014/2015 to Certain Commercial Banks
Tuesday, 04 October 2016
Published in
Publications
Authors: Adrian Lupușor, Dumitru Pîntea,
Authors: Adrian Lupușor, Dumitru Pîntea,
On 26 September 2016, the Government assumed responsibility for the draft law stipulating the conversion of guarantees granted in 2014 and 2015 to NBM loans for Banca de Economii, Banca Sociala and Unibank into state…
Analysis of budget expenses for the national defence (2016
Wednesday, 27 April 2016
Published in
Publications
Authors: Iurie Morcotîlo, Iurie Pîntea,
Authors: Iurie Morcotîlo, Iurie Pîntea,
Excerpt In the recent years, the expenditures on national defence were never a priority on the national development agenda. Since 2009, disbursements for this sector felt sharply. This trend did not change even after 2014,…
MEGA XIV: In the aftermath of the banking fraud (Q2-2016)
Wednesday, 06 April 2016
Published in
Publications
Authors: Adrian Lupușor, Alexandru Fala, Ana Popa, Dumitru Pîntea, Iurie Morcotîlo, Vadim Gumene,
Authors: Adrian Lupușor, Alexandru Fala, Ana Popa, Dumitru Pîntea, Iurie Morcotîlo, Vadim Gumene,
Key messages of this edition Despite internal and external constraints, in 2015 the economy fell by only 0.5%, which was close to the baselinescenario of the Expert-Grup forecast (-0.8%) for the given year. The only…
Euromonitor: implementation of the EU-Moldova Association Agreement during Aug-Dec 2015
Wednesday, 27 January 2016
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Publications
Authors: Igor Boțan, Denis Cenușă, Mariana Kalughin, Adrian Lupușor, Iurie Morcotîlo, Polina Panainte, Elena Prohnițchi,
Authors: Igor Boțan, Denis Cenușă, Mariana Kalughin, Adrian Lupușor, Iurie Morcotîlo, Polina Panainte, Elena Prohnițchi,
Summary This EUROMONITOR Report - First achievements and difficulties in implementing the EU-Moldova Association Agreement presents the monitoring results of the EU-Moldova Association Agreement implementation during July 2015 - December 2016. The Association for Participatory…
How well the public funds were managed in Q1-2015
Tuesday, 22 December 2015
Published in
Publications
Authors: Tatiana Savva,
Authors: Tatiana Savva,
During the first quarter of 2015, Moldovan Court of Accounts published 14 audit reports. Our experts analysed them and highlighted the main findings in this report (available only in Romanian). One of the main findings…
Budget Rectification for 2015: the disaster will be avoided, but further risks await in 2016
Monday, 16 November 2015
Published in
Publications
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
Abstract Moldovan economy faced this year many challenges, which had negative repercussions on the public finances. Budgetary revenues were affected largely due to the decrease in imports, freezing the foreign assistance and the rising cost…
Real Economy from October 2015 (#54)
Monday, 02 November 2015
Published in
Publications
Authors: Adrian Lupușor, Alexandru Fala,
Authors: Adrian Lupușor, Alexandru Fala,
Moldovan economy is still in recession. For the 11th consecutive month, the Economic Leading Indicator (ELI) - an index calculated monthly by Expert-Grup and which aggregates six main macroeconomic indicators, is below 100, which indicates…
Real Economy from July 2015 (#53)
Monday, 10 August 2015
Published in
Economic and political monthly review
Authors: Adrian Lupușor, Alexandru Fala,
Authors: Adrian Lupușor, Alexandru Fala,
Key messages from the edition Moldovan economy continues its decline. In June 2015, the Economic Leading Indicator (ELI) - an index calculated monthly by Expert-Grup and which aggregates six main macroeconomic indicators, is down 1.6 points…
A potential Anti-Crisis Plan for the new Governement
Monday, 03 August 2015
Published in
Publications
Authors: Veaceslav Negruța, Adrian Lupușor,
Authors: Veaceslav Negruța, Adrian Lupușor,
Abstract The current status-quo of the Republic of Moldova can be labeled as a country amid a general crisis, evidenced through a combination of at least five self-sustaining crises: economic, institutional, budget, banking and social…
Impact of macroeconomic’ and banking sector’ problems on Moldova’s Public Budget
Tuesday, 04 August 2015
Published in
Publications
Authors: Alexandru Fala, Dumitru Budianschi, Iurie Morcotîlo,
Authors: Alexandru Fala, Dumitru Budianschi, Iurie Morcotîlo,
Abstract The current adverse economic developments in Moldova, unlike previous years, are mostly determined by domestic influences rather than external ones. The banking crisis had a crucial impact in deteriorating economic situation in Moldova, even…
Evaluating public spending in the Republic of Moldova
Wednesday, 29 July 2015
Published in
Publications
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
Abstract In recent years, the public expenditures’ framework in Moldova has recorded several positive developments. These developments were both quantitatively and qualitatively. Improvements were primarily noticed in the public debt management, thanks to technical and…
How financially transparent is the Road Fund?
Friday, 31 July 2015
Published in
Publications
Authors: Dumitru Budianschi, Andrei Ababii, Serghei Merjan,
Authors: Dumitru Budianschi, Andrei Ababii, Serghei Merjan,
The share of Moldova’s Road Fund in the country’s State Budget and GDP in 2013 is quite impressive - almost 5.5% of State Budget and over 1.2% of GDP, compared to 1% of GDP for…
Budget Transparency Index in 2015
Monday, 20 July 2015
Published in
Publications
Authors: Dumitru Budianschi, Iurie Morcotîlo, Tatiana Savva,
Authors: Dumitru Budianschi, Iurie Morcotîlo, Tatiana Savva,
Abstract This study aims to evaluate the level of budget transparency in the Republic of Moldova. Therefore, the level of budget transparency in Moldova remains unchanged in recent years, and this lack of progress has…
Budget 2015 provisions for social protection of disabled people
Monday, 22 June 2015
Published in
Publications
Authors: Alisa Costin,
Authors: Alisa Costin,
Summary Share of social expenditures in 2015 will reach 13.5% of GDP, or 32.3% of the total National Public Budget, ie a 1.7% increase compared to last year. At the same time, the State Social…
Analysis on the budget expenditures in agriculture
Friday, 12 June 2015
Published in
Publications
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
Key messages from the report Agriculture plays an important role in Moldova's economy. Approximately 30.5% of country’s work force work in agriculture, while sector contribution to GDP was around 13% in 2014. Although financing for…
Crisis of the public pension system and intervention measures
Tuesday, 09 June 2015
Published in
Publications
Authors: Adrian Lupușor,
Authors: Adrian Lupușor,
Key messages from the report The public pension system in Moldova is not financially nor socially sustainable. While the State Social Insurance Budget (BASS) recorded a structural deficit of around 1% of GDP and total…
Wasting public funds: perception of the Local Authorities
Wednesday, 03 June 2015
Published in
Publications
Abstract In 2010-2014, Moldova’s Court of Accounts issued 46 decisions based on its audit reports aimed to evaluate the management of public funds and assets by local authorities of level I and II from over…
Budget 2015 provisions in the Culture sector
Monday, 01 June 2015
Published in
Publications
Authors: Veaceslav Reabcinschi,
Authors: Veaceslav Reabcinschi,
Summary Moldovan government paid in 2015 over 352 million MDL ($19.5 million) to the accounts of the Ministry of Culture - a 19% increase compared to last year. However, the share of culture spending in…
Budget 2015 provisions on the Justice Sector
Tuesday, 26 May 2015
Published in
Publications
Authors: Ion Guzun,
Authors: Ion Guzun,
Key messages from the policy brief The State Budget for 2015 on the Justice and Human Right sectors continues to growth. In particular, the sum is intended for increasing wages of judges, building offices for…
Budget 2015' provisions for the Defence sector
Friday, 15 May 2015
Published in
Publications
Abstract The importance of the Defence sector has been often ignored by politicians and central authorities, and this approach has generated a number of major issues to the national defence. Here are some key data…
Budget 2015' provisions for the Youth sector
Tuesday, 12 May 2015
Published in
Publications
Authors: Alex Petrov,
Authors: Alex Petrov,
Key messages from this policy brief: The estimated budget for implementing the 2020 National Strategy for Developing the Youth Sector - 53.5 million MDL ($2.9 million); The budget of the Ministry of Youth and Sport…
Budget 2015' provisions for the Education sector
Friday, 08 May 2015
Published in
Publications
Authors: Victoria Vasilescu,
Authors: Victoria Vasilescu,
Abstract Education is one of the strategic areas of development where Government will focus its attention this year. Therefore, reforms initiated in ensuring a more efficient resource management in Education will also continue in 2015.…
The most important 11 updates of the newly adopted Fiscal Policy for 2015
Thursday, 09 April 2015
Published in
Economic Commentaries
Excerpt from the Romanian version: The amendments that were pushed by the Government for the 2015 fiscal policy were developed under low transparency. Still, at least some of the business associations have had the opportunity…
Wasting the public money: Court of Accounts reports on Subsidy Fund for agricultural producers and Fund for Energy Efficiency in 2013
Monday, 23 February 2015
Published in
Publications
Authors: Tatiana Savva,
Authors: Tatiana Savva,
Abstract One of the main findings of this Report is that the subsidies’ distribution is discriminatory. Inequitable allocation of financial resources occurs largely because of its poor formula, vague formulation and due violating its regulations.…
Impact of the Association Agreement on the Energy sector
Thursday, 29 January 2015
Published in
Publications
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
Moldovan energy sector is a mix of inefficiency, dependency on external sources and low per capita consumption. Over 96% of energy consumption comes from imports, whereas only 40% in the EU. Also, the losses from…
How the Police is benefiting from signing the Association Agreement
Tuesday, 20 January 2015
Published in
Publications
Authors: Tatiana Savva,
Authors: Tatiana Savva,
Abstract Currently, Moldovan citizens view police as an institution with high risk of corruption. At the same time, lack of professionalism, lack of police inventory (alcohol measuring sets, digital cameras, cars) and lack of financial…
Open Data Readiness Assessment in Education in Moldova
Friday, 05 December 2014
Published in
Publications
Authors: Dumitru Budianschi,
Authors: Dumitru Budianschi,
The Open Data Readiness Asessment for the education sector in Moldova was carried out as part of the “Empowered Citizens Enhancing Accountability of the Education Reform and Quality of Education in Moldova” initiative. The project…
Summary of Court of Auditors Resolutions First Half of 2014
Thursday, 06 November 2014
Published in
Publications
Authors: Tatiana Savva,
Authors: Tatiana Savva,
This article is only available in Romanian.
How the public funds are wasted: Court of Accounts Reports for Q4, 2013
Tuesday, 04 March 2014
Published in
Publications
Authors: Dumitru Budianschi, Tatiana Savva,
Authors: Dumitru Budianschi, Tatiana Savva,
In the 4th quarter of 2013, 5 Reports of the Court of Accounts related to public funds management and audit were published. This report especially covers 4 of them: Audit report from the local authorities…
How the public funds are wasted: Reports of Court of Accounts Reports for Q3 2013
Friday, 27 December 2013
Published in
Publications
Authors: Dumitru Budianschi, Tatiana Savva,
Authors: Dumitru Budianschi, Tatiana Savva,
In the 3rd quarter of 2013, 17 Reports of the Court of Accounts related to public funds management and audit were published. This report especially covers 4 reports: Audit Reports from the National Clinical Hospitcal…
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