The World Bank’s Board of Executive Directors approved a 10 million USD loan for Moldova’s education system reform.
Archives for Moldova
The ministries, central banks, crisis resolution institutions and financial supervision authorities of the Nordic and Baltic countries have signed a cooperation agreement of mutual understanding on the organization of cooperation concerning cross-border financial stability.
After meeting with Minister for Foreign Affairs of Moldova, EU Commissioner for European Neighbourhood Policy and Enlargement Negotiations, Johannes Hahn reiterated that “the citizens of Moldova can rest assured that the EU remains committed to pursuing political association and economic integration with the Republic of Moldova”.
EBRD President Suma Chakrabarti has hailed the recent breakthrough in Moldova’s banking sector, on a visit to the capital, Chisinau, and called on the authorities to build on this momentum.
Ambassador of Slovakia to Moldova Dušan Dacho confirmed desire of the Slovak side to further support the European project of the country. The diplomat has also voiced his interest in boosting economic relations and developing trade between Moldova and Slovakia.
More than 1,000 households and small enterprises in Moldova are using green energy thanks to support received from the EU-funded Energy and Biomass Project.
The possibilities for intensifying the Moldovan – French relations at political and economic levels were discussed February, 9 at the meeting of Prime Minister, Pavel Filip, and Ambassador of France in Chisinau, Pascal Le Deunff. During the meeting, Pascal Le Deunff reiterated support of France for the European path of Moldova.
About the Index of Economic Freedom 2018 The principles of economic freedom are measured in the Index of Economic Freedom, an annual guide published by The Heritage Foundation, Washington’s No. 1 think tank. For over twenty years the Index has delivered thoughtful analysis in a clear, friendly, and straight-forward format. The Index covers 12 freedoms – from property rights to financial freedom – in 186 countries. The 2018 Index measures economic freedom based on 12 quantitative and qualitative factors, grouped into four broad categories, or pillars, of economic freedom: Rule of Law (property rights, government integrity, judicial effectiveness) Government Size (government spending, tax burden, fiscal health) Regulatory Efficiency (business freedom, labor freedom, monetary freedom) Open Markets (trade freedom, investment freedom, financial freedom) Each of the twelve economic freedoms within these categories is graded on a scale of 0 to 100. A country’s overall score is derived by averaging these twelve economic freedoms, with equal weight being given to each. Rank Country Overall Change Mostly free 7 Estonia 78.8 -0.03 16 Georgia 76.2 +0.2 19 Lithuania 75.3 -0.5 28 Latvia 73.6 -1.2 Moderately free 67 Azerbaijan 64.3 +0.7 78 Kyrgyzstan 62.8 +1.7 41 Kazakhstan 69.1 +0.1 44 Armenia 68.7 -1.6 Mostly unfree 105 Moldova 58.4 +0.4 106 Tajikistan 58.3 +0.1 108 Belarus 58.1 -0.5 150 Ukraine 51.9 +3.8 152 Uzbekistan 51.5 -0.8 Repressed 169 Turkmenistan 47.1 -0.3 Source
The Open Budget Survey 2017, an independent, comparative measure of central government budget transparency, was released on January 30. The states were given a score out of 100 for each category that measured how governments managed public finances.