Recommendations of sustainable development fund Moldova presented to government

Chisinau, 08 September /MOLDPRES/ – The State Chancellery held on 07 September a working meeting with participation of representatives of the Office of the Prime Minister, Economic Council of the Prime Minister, in which the experts of the Public Institution "Sustainable Development Fund Moldova" (FDD) presented recommendations with on the optimization of the regulatory framework regarding water user associations for irrigation and access to finance for the business environment.

According to the government’s communication and protocol department, at the meeting therer were discussed the impediments and difficulties in the activity of water user associations for irrigation and the proposals aimed at improving the legislative framework related to their activity.

Consequently, it was presented the analysis of the constraints on access to finance and the related action plan. The authors identified and analyzed over 70 constraints on access to finance, both on the private sector financing demand segment and the financing offer from the banking sector, microfinance and leasing.

Present at the event, the Secretary General of the Government, Lilia Palii, said that the recommendations of the experts would serve as reference sources for the elaboration of proposals for adjusting the legislative framework, following the regulatory procedure in that respect.