Budgeting in Moldova: Strengthening public finance management

Brian Finn
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Brian Finn: OECD

OECD Journal on Budgeting, 2024, vol. 24, issue 1

Abstract: This report examines public financial management in Moldova, with a particular focus on budget preparation, execution and reporting. Moldova has already implemented the foundations of modern budget arrangements, and has made good progress in aligning with the OECD Recommendation on Budgetary Governance. The most significant reforms have been the introduction of new budget legislation, greater transparency of budget arrangements, a medium-term budget framework, performance budgeting, reforms to capital expenditure management, and piloting spending reviews. This report focuses on ways to strengthen existing arrangements to improve the quality of the country’s system of budgetary governance.

Keywords: budgetary discipline; fiscal discipline; budget deficit; public debt; parliament; financial management; budget preparation; budgeting; capital investment; local authorities; Moldova (search for similar items in EconPapers)
JEL-codes: H61 (search for similar items in EconPapers)
Date: 2024
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