World Bank deeply concerned about adoption of fiscal reform

The World Bank Group is deeply concerned by the recently approved package of tax initiatives and capital amnesty, as it may undermine the Moldovan Government’s commitment to fighting corruption, it is said in a press statement published on the official website of the WB, which is quoted by IPN.

According to the statement, the package of tax initiatives and capital amnesty could have a negative impact on tax compliance, leading to significant fiscal risks. The package is inconsistent with the policy reform program supported by the World Bank Group.

The statement says the World Bank will continue assessing the consequences of the adopted package as more details become available.

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