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.
May 2022. On the occasion of the Europe Day 2022 celebration our PPF Project team prepared and run two mini surveys on basic economic/financial issues concerning Moldova. The purpose of this initiative was to measure the basic economic/financial knowledge and serve as an opportunity for people to increase their knowledge of fundamental economic and financial matters.
The survey results can be viewd here.
December 2022. Within the framework of the "Support the Moldovan Government in Identifying and Preparing Projects Linked to the Implementation of the Association Agreement project" (PPF Project), our team orinised a workshop on Private sector participation in infrastructure & financial market development on the 8th and 9th of December. The workshop gathered more than 80 participants from government institutions, other public bodies, international financial institutions operating in Moldova, investors, private sector associations and university students in an interactive discussion on the prospects for private sector investment in the country. More information about this workshop, as well as videos and materials, can be found here.