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Box: The World Bank Carries On in Moldova

"Regardless of the election results, the World Bank is ready to help Moldova’s reform efforts while paying strong attention to institutional factors. We will engage the new authorities in a policy dialogue," said Carlos Elbirt, the Bank’s Resident Representative in Chisinau. In contributing to the government’s Poverty Reduction Strategy, the Bank will continue to emphasize:

· Modernizing the public sector through management reform.

· Promoting legal and judicial reform to improve the investment climate and reduce corruption.

· Privatizing energy, telecommunications, and commercial activities, such as wineries, in a competitive manner.

· Improving efficiency in education through training, curriculum development.

· Providing basic health services.

Since Moldova joined the World Bank in 1992, the Bank has approved 14 projects totaling about $394 million.

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