Investments in the economy, reformation of the banking sector and justice sector were discussed by the First Vice President of the European Bank for Reconstruction and Development (EBRD) Philip Bennett and Prime Minister Pavel Filip and in a separate meeting with Minister of Economy Octavian Calmac, IPN reports, quoting the Governments’ press service.
Pavel Filip said the Government wants to attract more investments to the national economy so as to implement social projects. He informed the EBRD official about the steps taken to improve the business climate and the situation in the financial-banking sector and to fight corruption.
“The successful implementation of reforms cannot be ensured without professional and competent public administration,” stated the Prime Minister. He noted that the reorganization of public administration will contribute to the more efficient use of the financial resources allocated by the foreign partners.
The meeting between Philip Bennett and Octavian Calmac took place at the Ministry of Economy. According to a press release published on the Ministry’s website, Octavian Calmac said the cooperation with the EBRD offers Moldova the possibility of achieving a number of strategic goals that lead to better living conditions, enhanced quality of services provided for the population and improved energy efficiency.
For his part, Philip Bennett said the EBRD will continue to support the Government in its modernization efforts and will logistically and financially contribute to the implementation of investments projects in Moldova. To achieve the results expected from the implementation of reformation and modernization programs and strategies, more active cooperation is needed between the state institutions and the private sector.
The EBRD Permanent Representative Office in Chisinau was opened in September 1996. Since its presence in Moldova, the EBRD has financed projects to the value of over €1 billion. The Bank’s current portfolio totals €445 million.
