Foreign assistance use and management of funds 2010 2012
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Foreign Assistance: use and management of funds 2010-2012. Ministry of Economy Sergiu CIOBANU, Deputy Minister of Economy. May 25 – 26 , 2012. Medium Term Priorities of Ministry of Economy. Ensure sustainable economic growth; Increase competitiveness of national economy;

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Foreign assistance use and management of funds 2010 2012

Foreign Assistance:use and management of funds 2010-2012

Ministry of Economy

Sergiu CIOBANU,

Deputy Minister of Economy

May 25 – 26, 2012


Medium term priorities of ministry of economy

Medium Term Priorities of Ministry of Economy

  • Ensure sustainable economic growth;

  • Increase competitiveness of national economy;

  • Address the administrative constraints for businesses;

  • Ensure SME development and facilitate access to funds;

  • Promote exports and investments;

  • Develop quality infrastructure and ensure consumer protection;

  • Ensure energy security and promote energy efficiency in all the sectors of the economy.


Foreign aid coordination platform

Foreign Aid Coordination Platform

Purpose

  • Improve efficiency, effectiveness and sustainability of foreign aid;

  • Improve communication among stakeholders;

  • Engage all stakeholders in planning and implementing foreign assistance.


Foreign assistance use and management of funds 2010 2012

Foreign Aid Monitoring and Coordination in Ministry of Economy


Assistance in 2010 2012

Assistance in 2010-2012

  • In 2010-2012 the foreign assistance in the sectors of the Ministry of Economy amounted to about 240 mil. Euros;

  • Type of assistance: - Budget support;

    - Technical assistance;

    - Financial assistance.

  • 37projects funded by 11development parteners were implemented

  • Key beneficiary sectors:

    - Development of entrepreneurship and investments;

    - Commercial policies;

    - Quality infrastructure and consumer protection;

    - Energy security and efficiency.


Breakdown of assistance by donors

Breakdown of Assistance by Donors


Breakdown of assistance by sectors

Breakdown of Assistance by Sectors


Development of entrepreneurship and investments

Development of Entrepreneurship and Investments

Strategic Objective:Enhance economic stability of Moldova through improved capacities for development of small and medium enterprises

  • Number of projects– 15

  • Global budget– 83000 000 euros

  • Key donors – EU, USA, Government of Japan, Government of Norway


Projects implemented in 2010 2012

Projects implemented in 2010 - 2012


Foreign assistance use and management of funds 2010 2012

Support and development program for small and medium enterprise sector, funded by the Government of Japan (2005-2012)

Objective: Create conducive environment for small and medium businesses to develop production in the Moldovan rayons.

Funding scheme:

  • the first two tranches , 5% and 20%, accordingly, of the equipment price, before shifting to leasing scheme;

  • tranches III and IV, 15% and 20%, accordingly, of the equipment price, during one year from receipt of equipment in case of grant component in the amount of 40% of the equipment price;

  • tranche V amounting to 40% to be paid after 18 months from the receipt of the equipment only if there is no grant component under the leasing contract provisions.

    Outcomes:

  • 138 beneficiaries

  • 175 leasing contracts

  • Price of equipment 205,3 mil. lei.


Entranse 2 your business project 2006 201 4

ENTRANSE 2 Your Business Project (2006-2014)

  • Funded byGovernment of Norway

  • Total budget - 1.215 mil. USD

  • Objective: Support economic growth, increase employment and reduce poverty through support for SME sector development in Moldova through: creation of pilot business incubators in Soroca, support to other business incubators and their institutional development, enhancement of institutions, associations and business incubator networks, facilitation of access of SME to information by putting in place the Informative Portal for SME.


Foreign assistance use and management of funds 2010 2012

17 resident companies

119

jobs created

3years – incubation period

50% start-ups


Commercial policies quality infrastructure and consumer protection

Commercial Policies, Quality Infrastructure and Consumer Protection

Strategic Objectives:

  • Negotiate and implement the Deep and Comprehensive Free Trade Agreement between Moldova and the EU;

  • Strengthen the National Accreditation System;

  • Develop the National Standardization System;

  • Adopt and promote the European metrology standards;

  • Ensure protection of consumers;

  • Develop the market supervision capacities.


Commercial policies quality infrastructure and consumer protection1

Commercial Policies, Quality Infrastructure and Consumer Protection

  • Number of projects – 3

  • Global budget – 32 400 000 euros

  • Key donors –EU, World Bank


Projects implemented in 2010 20121

Projects implemented in 2010 - 2012


Competitiveness improvement project 200 6 2012

Competitiveness Improvement Project2006-2012

Assistance provided by:

International Development Association: Credit 33,8mlnUSA;

Government of Japan: grant 4,9mlnUSD.

Project components:

  • Improvement of business environment;

  • Upgrade of MSTQ system (ISO co-funding grant scheme);

  • Facilitation of access of businesses to MSTQ services (ISO co-funding grant scheme)- 1,2 mlnUSD;

  • Facilitation of access to funds;

  • Credit Line for exporters- 22,5 mlnUSD;

  • Expansion of the co-funding grant scheme in order to improve competitiveness of businesses – 1,5 mln. USD


Competitiveness improvement project outcomes

Competitiveness Improvement Project- outcomes


Energy security and efficiency

Energy Security and Efficiency

Strategic Objectives:

  • Promote energy efficiency in all the sectors of the economy and use of renewable energy sources,

  • Build the energy connections with Ukraine and Romania;

  • Integrate the national energy system in the European energy system;

  • Diversify the country’s energy supply sources;

  • Improve use of energy and fuels in their production, transport, distribution and supply;

  • Settle the debts and stabilize the financial situation of enterprises operating in the energy sector;

  • Bring in private investments in the rehabilitation and construction of energy enterprises.


Energy security and efficiency1

Energy Security and Efficiency

  • Number of projects – 12

  • Global budget– 160 700 000 euro

  • Key donors –EU, World Bank, EBRD


Foreign assistance use and management of funds 2010 2012

1

  • Implementation of National Energy Efficiency Program by 2020;

  • Ensure smooth operation of Energy Efficiency Agency;

  • Creation of the Energy Efficiency Fund;

  • Financing of energy efficiency projects and use of renewable energy sources.

Key pillars of Energy Sector

Security

Efficiency

Sustainability

Interconnection of the national energy system to the European network of transmission system operators for electricity ENTSO-E;

Diversification of primary energy sources;

Investments in energy infrastructure projects (LEA 400 kV Balti-Suceava, LEA 330 kV Balti- Novodnestrovsc, Ungheni-Iasi interconnection gas pipeline).

Building the capacities of authorities for regulation, policy development and implementation;

Aligning the legal framework to EU standards;

Economic, institutional and technical re-engineering of the thermo-energy sector;

Encouraging private investments in energy infrastructure based on PPP mechanism


Projects implemented in 2010 20122

Projects implemented in 2010 - 2012


Energy sector

Energy Sector


Energy and biomass project success stories

Energy and Biomass Project – Success Stories...

Energy and Biomass project – implemented in 16 rayons and Gagauzia

Projects approved for 58communities, including 72schools, kindergartens, community centers, etc.

Capacity of biomass heating systems is about 15 MW

Implementation of the approved projects will benefit 43643individuals, including 13135 children

Briquette boiler from Community Center in Carbalia village, TAU Gagauz-Yeri. Beneficiaries: 555 individuals

Bale boiler in the lyceum in village ofOlanesti, Stefan Voda rayon. Beneficiaries: 600 individuals


Energy and biomass project success stories1

Energy and Biomass Project – Success Stories...

1543 LPA representatives and local leaders, 76suppliers of biomass fuel and 176 operators acquired new skills and knowledge in modern biomass production and use technologies for energy purposes

About 1 million individuals covered by actions and events meant to promote biomass energy (public events, media campaigns, discussion clubs, onsite trips, video and audio spots, outreach materials etc.)

The first edition of MOLDOVA ECO-ENERGETICĂ -annual event to grant awards in renewable energy and energy efficiency sector - successfully held


Foreign assistance use and management of funds 2010 2012

Thank you for your attention!


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