March 2016. 4Assist successfully completed the Operational Assessment of the financial circuits and procedures in Moldova on behalf of DG ECFIN. A three-person expert team was mobilised for this assignment.

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/)

April 2022. Our PPF Project team in Moldova delivered a training course on Costing of Public Investment Projects to participants from Moldelectrica state enterprise, National Agency for Energy Regulation (ANRE), Energy Efficiency Agency and the Moldova Energy Projects Implementation Unit (MEPIU) on 12-14 April 2022. 

The course aimed at improving the participants’ ability to cost capital investment projects. It was structured in 6 modules: Cost classifications, terms and concepts, Marginal and absorption costing, Standard costing, Variance analysis, Relevant costs for decision making and Costing for capital project.

The course was delivered by project experts Irina Grigoryan and Eugenia Busmachiu.