The World Bank Country Director for Ukraine, Belarus and Moldova Qimiao Fan, in a meeting with Prime Minister Chiril Gaburici, confirmed the World Bank’s support for Moldova and underlined the importance of making progress in promoting reforms in the key areas. The officials discussed the situation in the financial sector, the WB’s assistance provided through the budget support operations and the joint projects in education, healthcare and social protection, IPN reports.
According to a communique of the Government, Prime Minister Chiril Gaburici said the executive aims to stabilize the banking sector, to develop the economy and to increase the people’s incomes. He assured that the Government will continue the reforms, including within the Association Agreement with the EU. The Premier underlined that the recommendations contained in the Policy Notes formulated by the World Bank in concert with the development partners are useful and important for the work of the Moldovan Government.
The cooperation between the Government of Moldova and the World Bank is developed based on the Partnership Strategy for 2014-2017, which was approved by the WB Executive Directors in September 2013. The total value of the projects planned to be financed within the Strategy is US$450 million.
