Implementation of projects with foreign financial assistance will be strictly monitored

The use of foreign financial resources, including for implementing investment or technical assistance projects, will be strictly supervised, Minister of State Victor Bodiu stated for Info-Prim Neo. “The laundering and other methods of misusing foreign loans and grants are excluded. The money will be used according to its purpose and the agreements signed by Moldova and the foreign donors,” he said. Bodiu also said that the institutional framework and well thought out mechanisms allow thoroughly monitoring the use of these resources. The interministerial committee for strategic planning is the main institution that takes out and monitors the foreign financial assistance. Sectoral councils are created under partnerships that include representatives of the government, beneficiary institutions, donors and the civil society. “For example, at the last meeting the Government approved the new composition of the National Council of the Moldova Social Investment Fund. The 11 members of the Council include three representatives of the donors and delegates of the private sector of Moldova and NGOs. This World Bank-funded project is popular in our country and is supported by other donors as well,” Bodiu said. Asked if the interministerial committee for strategic planning, the Government, the Ministry of Finance or other state institutions will ever publish information about all the foreign financial assistance received by Moldova after the signing of the Declaration of Independence, Bodiu said the sum is not a secret and there is not much information to be made public, except details about the recipient areas, institutions and persons who were responsible for the implementation of the given projects. “The problem resides not in the size of the foreign assistance, but in its efficiency and the durability of the changes produced by these projects. The results depend on us,” Bodiu said. Earlier this week, Fiodor Ghelici, the head of the Civil Society Congress and former chairman of the commission for monitoring the use of public money under the Prime Minister, suggested creating a Civil Society Congress of the Government that will supervise the use of the budget resources. Though he praised PM Vlad Filat for his wish to improve the situation in the country, Ghelici considers that if the Premier does not get rid the schemes for laundering public money, he will differ from Moldova's former President Vladimir Voronin only in age. “We follow attentively how Prime Minister Vlad Filat pays visits abroad and looks for money to cover the shortage of budget resources. Basescu promised us 100 million euros. The U.S. gave us a grant of 262 million dollars, while the IMF will provide a loan of 574 million dollars to Moldova. This money is designed to improve the living conditions, but if nobody monitors how it is used, it will be stolen,” Ghelici said in a news conference.

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