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Development Partner: World Bank

Development/Implementation Agency

The World Bank is one of the most important international financial institutions, aiming to reduce poverty and support economic and social development. The Republic of Moldova has been a member of the World Bank since 1992. Currently, cooperation between Moldova and the World Bank focuses on supporting economic reforms, strengthening energy security, developing the private sector, and bringing the country closer to European Union standards. The Country Partnership Framework for the 2023–2027 period primarily aims to create jobs, improve human capital, and promote green and resilient investments.

Contact Details

Ulrich Schmitt

Country Manager for the World Bank Group in Moldova

Address: 20/1 A. Pushkin Street, MD-2012, Chișinău, Republic of Moldova

Phone: +373-22-262-262 / +373-22-262-236

E-mail: moldova_contact@worldbank.org

Legal Framework for Cooperation

The legal framework for cooperation between the Republic of Moldova and the World Bank is based on the Republic of Moldova's accession to the World Bank Group institutions in 1992. Relations are regulated through international loan, financing, and grant agreements ratified by the Parliament of the Republic of Moldova, as well as through partnership strategies concluded between the Government of the Republic of Moldova and the World Bank.

Cooperation is carried out in accordance with national legislation and World Bank regulations, which establish the conditions for financing, implementing, and monitoring projects. This legal framework enables the provision of loans, technical assistance, and support for economic and institutional reforms in the Republic of Moldova.

Strategic Programming Documents

The main strategic programming document is the Country Partnership Framework (CPF), developed jointly by the World Bank and the Government of the Republic of Moldova. It establishes cooperation priorities, objectives, and areas of intervention for a specific period.

Currently, cooperation is guided by the Country Partnership Framework for the period 2023–2027, which focuses on:

• creating jobs and stimulating economic growth;

• developing human capital (education, health, and social protection);

• strengthening resilience to economic, climate, and energy shocks;

• promoting sustainable investments and the green transition.

The national development strategies of the Republic of Moldova, particularly the "European Moldova 2030" strategy, as well as the country's European integration priorities, are also taken into account when developing these documents.

Priority Sectors / Areas of Cooperation

Cooperation between the Republic of Moldova and the World Bank focuses on several priority areas:

• People – promoting global health, inclusive education, and social protection.

• Prosperity – investing in economic policies, governance, growth, and jobs.

• Planet – ensuring sustainable food systems, protecting nature, and climate adaptation.

• Infrastructure – developing secure energy, transport, urban mobility, and sustainable infrastructure.

• Digital (Digital Transformation) – accelerating digital access to create economic opportunities and transform lives.

• Cross-cutting areas – aspects that cut across all development areas, such as gender, fragility/conflict/violence.

Type of Funds / Financial Instruments and Assistance Modalities

The World Bank provides support to the Republic of Moldova through several financial instruments and forms of assistance:

• Loans – credits granted to finance development projects and reforms.

• Grants – non-reimbursable funds for specific projects and technical assistance.

• Technical Assistance and Advisory – expertise for public policy formulation and reform implementation.

• Economic Studies and Analyses – assessments and recommendations for economic and social development.

• Investment Financing – support for projects in infrastructure, energy, agriculture, education, and health.

Project Programming, Approval, and Implementation Procedures

• Project Identification and Programming – The Government of the Republic of Moldova and the World Bank establish priority areas and projects requiring financing.

• Project Preparation and Appraisal – feasibility studies, budget, objectives, and implementation plans are developed.

• Financing Approval – the project is reviewed and approved by the World Bank management, and the financing agreement is signed and ratified in accordance with the legislation of the Republic of Moldova.

• Project Implementation – responsible institutions carry out planned activities, utilizing funds according to World Bank rules.

• Monitoring and Evaluation – project progress is tracked periodically, and results and impact achieved are evaluated upon completion.

Special Conditions and Project Acceptability Criteria

To benefit from World Bank financing, projects must comply with certain conditions:

• be aligned with the development priorities of the Republic of Moldova and the objectives set out in the Country Partnership Framework with the World Bank;

• demonstrate a positive economic and social impact;

• be technically and financially feasible;

• comply with World Bank environmental and social standards;

• include a clear plan for implementation, monitoring, and evaluation;

• ensure transparent and efficient use of funds.

Acceptability criteria focus on project relevance, sustainability of results, institutional capacity for implementation, cost-benefit ratio, and contribution to the country's sustainable development.

The Largest World Bank Projects in Moldova

• • Land Registration and Property Valuation Project;

• • "Moldova Agricultural Competitiveness Project (MAC-P)";

• • Investing in Governance, Growth and Resilience in Agriculture Project (AGGRI);

• • Power System Interconnection between the Republic of Moldova and Romania;

• • Second District Heating Efficiency Improvement Project;

• • Moldova Higher Education Project;

• • Moldova Water Security and Sanitation Project;

• • Micro, Small and Medium Enterprise Competitiveness Project;

• • "Moldova Emergency Measures, Resilience and Competitiveness. Development Policy Operation" Program;

• • "Improving Education Quality" Project;

• • Moldova Rural Connectivity Project;

• • Modernization and Improvement of Rehabilitation Services Project;

• • Sustainable Transition through Energy Efficiency in Moldova Project;

• • "Moldova - Growth, Resilience and Opportunities for Well-being (GROW)" Program.

Regulatory Framework and Reference Documents

Parliament Decision No. 1107-XII of July 28, 1992 on the accession of the Republic of Moldova to the International Monetary Fund, the International Bank for Reconstruction and Development and affiliated organizations