Moldovan Government approved the Public Finance Management Development Strategy for 2023-2030.
The document aims to improve efficiency, effectiveness and transparency of public finances. The strategy contains 7 main areas of intervention most important for public finance management: macroeconomic analysis and macrobudget framework; budget development and planning; budget execution, accounting and reporting; internal public financial control; tax and customs policies and revenue management; public procurement and transparency of public finances. The Strategy is a continuation of previously launched reforms and will be aligned with the public administration reform strategy. Particular attention will be paid to strengthening human resources, policy planning, provision of e-services and digital transformation and improvement of information systems capacities. The Strategy will be implemented in two phases, with goals planned through 2025 and 2030. Its implementation will require at least 1.5 billion lei, which will be allocated both from budgetary funds and resources of external donors. //22.02.2023 - InfoMarket.
