Moldovan top court to receive large grant

The parliament approved an agreement on grant between Moldova and the International Development Association on the earmarking of one million dollars to the Strengthening Capacities of Moldova’s Chamber of Auditors Project.

The agreement was signed on 14 August 2013 and aims at boosting the public external audit function in Moldova, by increasing the efficiency of the audit activity and consolidating the capacity the Chamber of Auditors.

The grant will be used to develop and implement the methodological basis on financial audits and increase the number and coverage of performance audits.

Under the agreement, the planned activities funded by the grant will contribute to carrying out several controls, which will bolster the government’s efforts to implement institutional reforms, such as social insurance programs, information technology and communication (ICT), road safety.

Adapted from Moldpres