Expert-Grup

Aligning External Assistance with the Country's Strategic Development Priorities

Politici de creștere economicăIntegrare europeanăMonday, 27 March 20236329 views

Automatically translated summary. The full text is available in Romanian.

A publication by the Independent Think Tank “Expert-Grup” examines how Moldova can align external assistance with its strategic development priorities. With budget room limited for 2023-2025, it argues that better coordination, planning and management of donor and creditor funding is needed to support economic recovery and continued reforms.

The ex-post evaluation of the Public Finance Management Development Strategy 2013-2022 found weak alignment between investment needs and external resources, only partly functional sectoral councils, limited institutional capacity and overlapping strategic documents. More than 30% of planned actions in policy documents lack cost estimates and funding sources. The authors say assistance should derive from the “European Moldova 2030” strategy, supported by a functional joint development partnership forum and joint donor groups.

They also stress negotiating favourable loan terms. The Moldovan Orchard loan of EUR 120 million saw only 30% absorbed in the first five years. Donors should offer flexible, predictable support, preferably channelled through national institutions, avoiding separate project implementation units, and consult civil society at every stage. The study was supported by Soros Foundation Moldova.