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 financial assistance from external development partners. In addition, the quantitative improvement in State Budget management, thanks to diminishing the gap between planned and executed budget, was largely due to more favourable macroeconomic conditions in the last years.
This report describes three components:
- Recent evolution of public spending framework
- Evaluation of the public debt management
- Execution of the State Budget 2014
In addition, the report includes a set of recommendations which aim to improve implementation of reporting of the State Budget.