In particular, the modernization of the electronic public procurement system—aimed at simplifying the procurement process and increasing its transparency and efficiency—was the main topic of discussion between Finance Minister Victoria Belous and representatives of the World Bank. According to the Ministry of Finance, the meeting included an analysis of the project's progress and the steps needed to develop the system, including process automation, improved monitoring of procurements, and enhanced oversight of the use of public funds. Another goal is to align the system with European Union standards and requirements. "We need a public procurement system that ensures clear and transparent processes, reduces the administrative burden, and allows for the effective use of public funds. The modernization of the platform must meet the needs of both contracting authorities and economic operators," stated Victoria Belous. Representatives of the World Bank confirmed the organization's support for and participation in the project, emphasizing the importance of continuing cooperation with the Ministry of Finance. The project "Public Procurement Efficiency and Value for Money in Moldova," scheduled for implementation by December 2027, supports efforts to modernize the public procurement system. The development of the electronic system is aimed at increasing transparency, improving procurement processes, and ensuring a more efficient use of public resources. // 10.11.2026 — InfoMarket.