1. What We Do

Moldova - DPO2

Abstract*

The development objective of Second Development Policy Operation Project (DPO-2) for Moldova is to support efforts of the government of Moldova to improve the business climate, promote financial sector stability and development, and improve the equity and efficiency of public expenditure . This operation supports the efforts of the Moldovan authorities to address key constraints to inclusive and sustainable growth. Accordingly, the operation is built...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Project Development Objective (Note: will be disclosed in the MOS)This operation, the second in a programmatic series of two, supports efforts of the Government of the Republic of Moldova to improve the business climate, promote financial sector stability and development, and improve the equity and efficiency of public expenditure. It is aligned with Moldova’s National Development Strategy 2012-2020. The proposed operation is a key component of the Moldova Country Partnership Strategy (CPS) for FY2014-17, discussed by the Board of Executive Directors on September 5, 2013. The first pillar seeks to improve predictability of the business environment, create even conditions for competition, and reduce regulatory compliance costs. The second pillar aims at strengthening financial sector stability, promoting transparency in the sector and improving access to finance. The third pillar seeks to make public investment, investment subsidies in agriculture, and social assistance more efficient and equitable.Board Schedule Comments

Key Details

Project Details

  • P149555

  • Closed

  • Ruslan Piontkivsky

  • Moldova

  • Moldova

  • November 10, 2016

  • (as of board presentation)

    December 16, 2016

  • December 23, 2016

  • US$ 45.00 million

  • Ministry of Finance

  • Europe and Central Asia

  • 2017

  • US$ 45.00 million

  • N/A

  • Not Applicable

  • September 30, 2017

  • BANK APPROVED

  • P143283

  • March 4, 2021

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Agricultural Extension,Research, and Other SupportActivitiesFY17 - Agricultural Extension, Research, and Other Support ActivitiesFY17 - Central Government(Central Agencies)FY17 - Central Government (Central Agencies)FY17 - Banking InstitutionsFY17 - Social ProtectionFY17 - Other Industry, Trade andServicesFY17 - Other Industry, Trade and Services

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 27.20
IDA Credit 17.80

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 27.20
IDA Commitment 17.80
IBRD + IDA Commitment 45.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 45.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 15, 2020 IDA-59280 Int Charges 23,041.66
May 15, 2020 IDA-59290 Int Charges 132.53
May 15, 2020 IDA-59290 Int Charges 50,977.13
May 15, 2020 IDA-59290 Int Charges 50,977.13
May 15, 2020 IBRD-86740 Int Charges 80,003.53
Nov 15, 2019 IDA-59280 Int Charges 282.85
Nov 15, 2019 IDA-59280 Int Charges 282.85
Nov 15, 2019 IDA-59280 Int Charges 15,180.39
Nov 15, 2019 IDA-59280 Int Charges 15,180.39
Nov 15, 2019 IDA-59280 Int Charges 23,260.17
Nov 15, 2019 IDA-59290 Int Charges 1,002.99
Nov 15, 2019 IDA-59290 Int Charges 1,002.99
Nov 18, 2019 IBRD-86740 Int Charges 99,050.57
Nov 15, 2019 IDA-59290 Int Charges 50,541.13
Nov 15, 2019 IDA-59290 Int Charges 50,541.13
Nov 15, 2019 IDA-59290 Int Charges 85,772.89
Nov 15, 2022 IDA-59280 Int Charges 11,829.74
Nov 15, 2022 IDA-59280 Int Charges 11,829.74
Nov 15, 2022 IDA-59280 Int Charges 20,311.10
Nov 15, 2022 IDA-59280 Loan Repay 61,367.42
Nov 15, 2022 IBRD-86740 Int Charges 88,866.67
Nov 15, 2022 IBRD-86740 Loan Repay 462,350.16
May 15, 2023 IDA-59290 Loan Repay 92,856.12
May 15, 2023 IDA-59290 Int Charges 48,688.21
May 15, 2023 IDA-59290 Int Charges 48,688.21
May 15, 2023 IDA-59290 Int Charges 5,658.63
May 15, 2023 IDA-59290 Loan Repay 128,682.78
May 15, 2023 IBRD-86740 Loan Repay 407,064.88
May 15, 2023 IBRD-86740 Int Charges 407,064.88
May 15, 2023 IBRD-86740 Loan Repay 115,143.46
May 15, 2023 IDA-59280 Loan Repay 30,173.67
May 15, 2022 IDA-59290 Loan Repay 2,122.01
May 15, 2022 IDA-59280 Int Charges 11,969.04
May 15, 2022 IDA-59280 Int Charges 11,969.04
May 15, 2022 IDA-59280 Int Charges 22,556.55
May 15, 2022 IDA-59280 Loan Repay 65,274.71
May 15, 2022 IDA-59280 Int Charges 3,002.12
May 15, 2022 IDA-59280 Int Charges 3,002.12
Nov 15, 2022 IDA-59290 Loan Repay 12,868.40
Nov 15, 2022 IDA-59290 Loan Repay 89,780.70
Nov 15, 2022 IDA-59290 Int Charges 48,534.58
Nov 15, 2022 IDA-59290 Int Charges 48,534.58
Nov 15, 2022 IDA-59290 Int Charges 75,344.88
Nov 15, 2017 IDA-59280 Int Charges 15,895.58
Nov 15, 2017 IDA-59280 Int Charges 15,895.58
Nov 15, 2017 IDA-59290 Int Charges 1,688.62
Nov 15, 2017 IDA-59280 Int Charges 23,949.33
Nov 15, 2017 IDA-59290 Int Charges 52,985.25
Nov 15, 2017 IDA-59290 Int Charges 52,985.25
Nov 15, 2017 IDA-59290 Int Charges 88,308.78
Nov 15, 2017 IBRD-86740 Int Charges 318,360.90
Nov 15, 2017 IDA-59280 Int Charges 476.20
Dec 28, 2016 IBRD-86740 Loan Disb 27,200,000.00
May 15, 2017 IDA-59280 Int Charges 12,161.95
May 15, 2017 IDA-59280 Int Charges 12,161.95
May 15, 2017 IDA-59280 Int Charges 17,862.14
May 15, 2017 IBRD-86740 Int Charges 220,002.67
May 15, 2017 IDA-59290 Int Charges 65,928.64
May 15, 2017 IDA-59290 Int Charges 40,539.83
May 15, 2017 IDA-59290 Int Charges 40,539.83
Dec 23, 2016 IBRD-86740 Fee Charges 68,000.00
Dec 23, 2016 IDA-59290 Loan Disb 13,396,900.00
Dec 23, 2016 IDA-59280 Loan Disb 4,019,070.00
May 15, 2019 IBRD-86740 Int Charges 37,080.63
Mar 4, 2019 IBRD-86740 Loan Disb -27,200,000.00
Mar 4, 2019 IBRD-86740 Loan Disb 27,200,000.00
Mar 4, 2019 IBRD-86740 Loan Disb -27,200,000.00
Mar 4, 2019 IBRD-86740 Loan Disb 27,200,000.00
May 15, 2019 IDA-59280 Int Charges 593.03
May 15, 2019 IDA-59280 Int Charges 593.03
May 15, 2019 IDA-59280 Int Charges 14,958.18
May 15, 2019 IDA-59280 Int Charges 14,958.18
May 15, 2019 IDA-59280 Int Charges 23,430.49
May 15, 2019 IDA-59290 Int Charges 2,102.99
May 15, 2019 IDA-59290 Int Charges 2,102.99
May 15, 2019 IDA-59290 Int Charges 49,734.38
May 15, 2019 IDA-59290 Int Charges 49,734.38
May 15, 2019 IDA-59290 Int Charges 86,395.65
Nov 15, 2021 IDA-59290 Int Charges 1,000.24
Nov 15, 2021 IDA-59290 Int Charges 52,684.88
Nov 15, 2021 IDA-59290 Int Charges 52,684.88
Nov 15, 2021 IDA-59290 Int Charges 87,808.15
Nov 15, 2021 IDA-59280 Int Charges 23,813.56
Nov 15, 2021 IDA-59280 Int Charges 15,805.46
Nov 15, 2021 IDA-59280 Int Charges 15,805.46
Nov 15, 2021 IDA-59280 Int Charges 282.07
Nov 15, 2021 IBRD-86740 Int Charges 66,017.85
May 15, 2022 IDA-59280 Loan Repay 598.41
May 15, 2022 IBRD-86740 Int Charges 57,659.48
May 15, 2022 IBRD-86740 Loan Repay 498,616.66
May 15, 2022 IDA-59290 Int Charges 10,134.40
May 15, 2022 IDA-59290 Int Charges 10,134.40
May 15, 2022 IDA-59290 Int Charges 39,769.48
Dec 16, 2016 IDA-59280 Loan Commitment 4,000,000.00
Dec 16, 2016 IDA-59290 Loan Commitment 13,800,000.00
Dec 16, 2016 IBRD-86740 Loan Commitment 27,200,000.00
May 15, 2024 IDA-59290 Int Charges 46,349.28
May 15, 2024 IDA-59290 Int Charges 46,349.28
May 15, 2024 IDA-59290 Int Charges 77,248.83
May 15, 2024 IDA-59290 Loan Repay 93,963.85
May 15, 2024 IDA-59280 Loan Repay 176.07
May 15, 2024 IDA-59280 Int Charges 13,904.78
May 15, 2024 IDA-59280 Int Charges 13,904.78
May 15, 2024 IDA-59280 Int Charges 20,949.88
May 15, 2024 IBRD-86740 Loan Repay 519,592.38
May 15, 2024 IBRD-86740 Int Charges 82,161.41
May 15, 2024 IDA-59290 Loan Repay 124,383.95
May 15, 2024 IDA-59290 Int Charges 1,996.88
May 15, 2024 IBRD-86740 Int Charges 519,592.38
May 15, 2024 IDA-59280 Loan Repay 65,328.27
May 15, 2024 IDA-59280 Int Charges 585.93
May 15, 2023 IDA-59290 Int Charges 78,110.27
May 15, 2023 IDA-59280 Loan Repay 36,288.00
May 15, 2023 IDA-59280 Int Charges 1,659.55
May 15, 2023 IDA-59280 Int Charges 14,606.42
May 15, 2023 IDA-59280 Int Charges 14,606.42
May 15, 2023 IDA-59280 Int Charges 21,116.30
Nov 15, 2023 IDA-59280 Int Charges 14,182.85
May 15, 2018 IDA-59280 Int Charges 24,208.33
May 15, 2018 IDA-59290 Int Charges 1,099.99
Nov 15, 2018 IBRD-86740 Int Charges 471,285.34
Nov 15, 2018 IDA-59290 Int Charges 49,305.64
Nov 15, 2018 IDA-59290 Int Charges 49,305.64
Nov 15, 2018 IDA-59280 Int Charges 706.96
Nov 15, 2018 IDA-59280 Int Charges 706.96
Nov 15, 2018 IDA-59280 Int Charges 14,836.83
Nov 15, 2018 IDA-59280 Int Charges 14,836.83
Nov 15, 2018 IDA-59280 Int Charges 23,419.31
Nov 15, 2018 IDA-59290 Int Charges 2,506.98
Nov 15, 2018 IDA-59290 Int Charges 2,506.98
Nov 15, 2018 IDA-59290 Int Charges 86,354.40
May 15, 2019 IBRD-86740 Int Charges 308,833.30
May 15, 2018 IDA-59290 Int Charges 1,099.99
May 15, 2018 IDA-59280 Int Charges 310.20
May 15, 2018 IDA-59280 Int Charges 310.20
May 15, 2018 IDA-59280 Int Charges 15,757.28
May 15, 2018 IDA-59280 Int Charges 15,757.28
May 15, 2018 IDA-59290 Int Charges 89,263.78
May 15, 2018 IDA-59290 Int Charges 52,458.26
May 15, 2018 IDA-59290 Int Charges 52,458.26
May 15, 2018 IBRD-86740 Int Charges 339,153.78
May 15, 2022 IDA-59290 Int Charges 39,769.48
May 15, 2022 IDA-59290 Int Charges 83,173.15
May 15, 2022 IDA-59290 Loan Repay 217,455.05
Nov 15, 2020 IDA-59290 Int Charges 51,364.43
Nov 15, 2020 IDA-59290 Int Charges 51,364.43
Nov 15, 2020 IDA-59290 Int Charges 88,420.78
Nov 15, 2022 IDA-59280 Loan Repay 3,773.10
Nov 15, 2023 IDA-59280 Int Charges 14,182.85
Nov 15, 2023 IDA-59280 Int Charges 20,781.53
Nov 15, 2023 IDA-59280 Int Charges 879.99
Nov 15, 2023 IDA-59280 Loan Repay 30,312.26
Nov 15, 2023 IDA-59290 Int Charges 2,999.86
Nov 15, 2023 IDA-59280 Loan Repay 35,342.07
Nov 15, 2023 IBRD-86740 Int Charges 513,873.97
Nov 15, 2023 IBRD-86740 Int Charges 53,691.49
Nov 15, 2023 IBRD-86740 Loan Repay 521,560.34
Nov 15, 2023 IDA-59290 Loan Repay 214,588.94
Nov 15, 2023 IDA-59290 Loan Repay 4,258.82
Nov 15, 2023 IDA-59290 Int Charges 47,276.05
Nov 15, 2023 IDA-59290 Int Charges 47,276.05
Nov 15, 2023 IDA-59290 Int Charges 76,792.04
Nov 15, 2022 IDA-59290 Loan Repay 114,485.96
Nov 15, 2022 IDA-59280 Int Charges 2,730.62
Nov 15, 2022 IDA-59280 Int Charges 2,730.62
Nov 15, 2022 IBRD-86740 Loan Repay 37,418.50
Nov 15, 2020 IDA-59280 Int Charges 529.83
Nov 15, 2020 IDA-59280 Int Charges 529.83
Nov 15, 2020 IDA-59280 Int Charges 15,443.14
Nov 15, 2020 IDA-59280 Int Charges 15,443.14
Nov 15, 2020 IDA-59280 Int Charges 23,976.27
Nov 15, 2020 IDA-59290 Int Charges 1,878.82
Nov 15, 2020 IDA-59290 Int Charges 1,878.82
Nov 15, 2020 IBRD-86740 Int Charges 117,421.91
May 15, 2021 IDA-59290 Int Charges 322.23
May 15, 2021 IDA-59290 Int Charges 53,951.25
May 15, 2021 IDA-59290 Int Charges 53,951.25
May 15, 2021 IDA-59290 Int Charges 88,894.50
May 15, 2021 IDA-59280 Int Charges 16,185.38
May 15, 2021 IDA-59280 Int Charges 24,097.12
May 15, 2021 IBRD-86740 Int Charges 67,242.56
May 15, 2021 IDA-59280 Int Charges 90.87
May 15, 2021 IDA-59280 Int Charges 16,185.38
May 15, 2020 IDA-59280 Int Charges 37.37
May 15, 2020 IDA-59290 Int Charges 84,961.90
May 15, 2020 IDA-59280 Int Charges 15,293.14
May 15, 2020 IDA-59280 Int Charges 15,293.14
Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 10-31-2018
OutcomesModerately Satisfactory
Risk to Development OutcomeHigh
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Unsatisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 05-30-2019PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeHighN/a
Bank PerformanceUnsatisfactoryN/a
Borrower PerformanceModerately UnsatisfactoryN/a
Government PerformanceModerately UnsatisfactoryN/a
Implementing AgencyNot RatedN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

No data available.