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Moldova-2020 Strategy
08.10.2014

As long term strategic objectives, the National Development Strategy "Moldova 2020" isfocused on the following development priorities:

1. Aligning the education system to labor market needs in order to enhance laborproductivity and increase employment in the economy;

2. Increasing public investment in the national and local road infrastructure, in orderto reduce transportation costs and increase the speed of access;

3. Reducing financing costs by increasing competition in the financial sector anddeveloping risk management tools;

4. Improving the business climate, promoting competition policies, streamlining theregulatory framework and applying information technologies in public services forbusinesses and citizens;

5. Reducing energy consumption by increasing energy efficiency and using renewableenergy sources;

6. Ensuring financial sustainability of the pension system in order to secure anappropriate rate of wage replacement;

7. Increasing the quality and efficiency of justice and fighting corruption in order toensure an equitable access to public goods for all citizens.

The focus of this Strategy is to produce a social and economic impact on each of theabove-mentioned dimensions. The cumulative effect of solving the addressed problemslies in removing the critical barriers that prevent the optimal use of resources. Thisapproach makes it possible to prioritize areas of state intervention and subject them toa clearly defined objective of the Strategy: ensuring qualitative economic developmentand, implicitly, poverty reduction.
The Republic of Moldova will undertake all the necessary efforts to ensure the transitionto a green economic development, which promotes sustainable development principlesand contributes to poverty reduction, including by ensuring a better governance in thesustainable development domain, by integrating and strengthening environmentalprotection aspects in all social-economic development domains of the country.
A determining factor in the successful accomplishment of identified priorities andachievement of the main objective is the existence of efficient and modern stateinstitutions. Acceleration of institutional reforms and strengthening of capacity of publicauthorities will address each identified priority. Increased quality of public servicesthrough modernization and greater transparency and accessibility are inherent duringStrategy implementation process. 

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