Our team leader and 4Assist partner, Sebastien Dubost is once again entrusted the challenging mission to provide technical assistance to the Ministry of Economy and Finance to strengthen monitoring and evaluation systems in the implementation of the Public Financial Management (PFM) reform. At the same time, Sebastien is working closely with the EU Delegation to Cambodia to assist in the monitoring of the PFM reform implementation in the context of the EU Budget Support operations.

The European Commission and the Government of Lao PDR signed the Financing Agreement (FA) for the second Single Donor Trust Fund on Public Finance Management Reform (SDTF-II) in September 2018. A mid-term evaluation was commissioned to 4Assist to provide an independent assessment of the programme performance and offer evidence-based insights that would help improve the European Union support in public finance management (PFM). This evaluation is aimed to derive key lessons, and recommend improvements for the remaining period of SDTF-II implementation, as well as the design of future programmes in PFM in Laos.

A snapshot of the project on the photos here: our team leader and 4Assist partner, Yiannis Hadziyiannakis made a presentation to over 30 participants joining in from both ends of the planet, from World Bank, Washington DC, from Lao Ministry of Finance, Ministry of Planning, Ministry of Home Affairs and the Lao Central Bank.

The meeting was hosted by EU Delegation to Laos with a foreword by Her Excellency, Ms. Ina Marčiulionytė, Ambassador/Head of the Delegation to Lao PDR.

April 2021. The Ministry of Finance of Moldova has succeeded to issue for the first time a 7-year government bond in the domestic market.
Our 4Assist team is proud to have assisted the MoF in this process which is an essential element towards sustainable government financing as well as economic development. Our team has provided assistance to the MoF over the years in the development of the domestic government securities market. In 2018, Moldova issued the first medium-term Government Security, a 5-year Bond.
The achievement this time is again significant, especially if one considers that Moldova has extended the maturity profile of its public debt amidst the unfolding COVID-19 crisis.
The success also marks the beginning of a renewed channel of communication between the MoF and the Primary Dealer banks of Moldova, geared towards the common goal of developing the Moldovan capital market. Our team supported the MoF in preparing and entering into dialogue with the Primary Dealers.
For more information on our work in Moldova check our project webpage which is a compartment of the MoF website: https://mf.gov.md/en/ppf/about
We also refer to the previous bond issued in 2018 (https://www.facebook.com/notes/3323342684458477/)