Moldova—IFC Investment Climate Reform

DAI completed the International Finance Corporation (IFC)’s Investment Climate Reform program in support of Moldova’s strategy to prepare its economy to capitalize on the country’s association agreement with the European Union (EU).

It was recognised that government policies and private sector initiatives would need to focus on raising the competitiveness of promising value chains to fully compete in EU markets. The quest for quick gains drove policy reforms aimed at creating a framework of smart regulation that supported productivity and competitiveness.

Select Results

• Developed methodology for analysing regulatory constraints, to be used annually by Moldova’s Ministry of Economy and other agencies, based on a rigorous approach tailored to the capacity of the Moldovan public sector.
• Selected and mapped key value chains—including for berries and footwear—and the impact of the regulatory environment on them.
• Prepared curricula for Ministry of Economy officials on the methodology for analysing regulatory constraints.