Moldova is approaching middle-income status, and based on its growth rate of 8.4 percent in the first quarter of 2011, the economy has made a full recovery from the 2008-2009 global financial crisis. Read More »
Ratings for the Trade and Transport
Facilitation in Southeast Europe Project for Modova were as
follows: outcomes were satisfactory, the risk to development
outcome... Show More + was low or negligible, the Bank performance was
satisfactory, and the Borrower performance was satisfactory.
Some lessons learned included: High level government support
is key to success. Building a tradition of interagency
communication and information sharing as well as building
the mechanisms on which such communication can be based,
needs a high-level government commitment and ideally a
champion. Such a person/agency needs to be able to direct
concerns to the highest levels of management in the
ministries responsible for the agencies engaged in border
control. This implies knowledge of the national political
system and the power to navigate through that system.
Private sector/user involvement is an essential part of
trade facilitation. Such involvement enables an adequate
analysis of the trade patterns to find the main bottlenecks
and identify optimal measures for improvements. Also, it
must be ensured that the capacity building and modernization
of the private sector is analog to the reforms in customs,
so as to ensure that introduced reforms are applied in
private operations. The Contribution of the United States
(US) as a parallel financier contributed significantly to
the success of the project. Show Less -
Date: October 29, 2007
Report#: ICR476
Document Type: Implementation Completion and Results Report