IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Implications Of The Association Agreement With The European Union On The Financial Public Management In The Republic Of Moldova

Listed author(s):
  • Lilia ROTARU


    (Finance and Banking Department, Faculty of Economic Sciences, Moldova State University)

  • Iulia CAPRIAN

    (Finance and Banking Department, Faculty of Economic Sciences, Moldova State University)

  • Tatiana COVALSCHI


    (Finance and Banking Department, Faculty of Economic Sciences, Moldova State University)

Registered author(s):

    European integration is not just a goal of the foreign policy of the Republic of Moldova, but also a natural aspiration of an European nation to join the European family and the signing of the Association Agreement between Moldova and the European Union is an important step in achieving this goal. The Republic of Moldova has developed and continues to promote rigorous reforms in the area of public finance management. In this article we have analyzed the main reforms and achievements in the field of public finance management in the Republic of Moldova, their importance by reference to good European practices, but also the need to continue them in the context of signing the Association Agreement. The authors argue that until now, the public finance management reform had been focused mainly on the planning and execution phases of National Public Budget, nonetheless the main problems lay in poor budgetary reporting and control. Corruption and fraud are the main risk areas for all the promoted reforms. The conclusion of this paper is that the most urgent actions that should be undertaken consist in improving public procurement procedures, enhancing the internal control, financial inspection and external audit. Only in such a way trustful relation with EU could be created and this is particularly important as it could permit to absorb more European funds to invest in the economic and social development in our country.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by Centre for European Studies, Alexandru Ioan Cuza University in its journal CES Working Papers.

    Volume (Year): 7(2A) (2015)
    Issue (Month): 2a (September)
    Pages: 593-604

    in new window

    Handle: RePEc:jes:wpaper:y:2015:v:7:i:2a:p:593-604
    Contact details of provider: Web page:

    More information through EDIRC

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    in new window

    1. Maletic, Ivana & Vasicek, Davor, 2010. "Convergence of Croatian financial and budget regulations to the framework and practices of the European Union," Apas Papers 63, Academic Public Administration Studies Archive - APAS.
    2. Davor VAŠIČEK & Ivana MALETIĆ, 2010. "Convergence of Croatian Financial and Budget Regulations to the Framework and Practices of the European Union," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 3(3(544)), pages 25-42, March.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:jes:wpaper:y:2015:v:7:i:2a:p:593-604. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alupului Ciprian)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.