The support and expertise of the European Bank for Reconstruction and Development are important for the Republic of Moldova, either it is about the energy sector, the business community or road infrastructure, Prime Minister Pavel Filip stated in a meeting with EBRD directors, IPN reports.

The Premier noted the EBRD’s assistance in supporting the discussion platform between the Government and the business community. As a result of this dialogue, the number of institutions with inspection duties and of permissive documents was reduced, while the salary reporting procedure and the procedure for obtaining permits of stays by foreigners were simplified. The obligation to have stamp and employment record book was eliminated and the Labor Code was amended.

Pavel Filip said the Government aims to develop solid state institutions so that the foreign assistance is used with maximum efficiency and with an impact visible to the people. He noted the anticorruption measures and the stabilization of the financial-banking sector are of major importance in the executive’s activity.

The EBRD directors encouraged the executive to continue the measures to reform the banking sector, improve economic governance and increase the public institutions’ capacity to develop and implement projects.

Since the EBRD started work in Moldova, there have been signed 110 projects to the value of 1.183 million in different sectors of the national economy, particularly in the financial-banking sector, agriculture and infrastructure.