{"id":236434,"date":"2005-10-14T21:56:00","date_gmt":"2005-10-14T21:56:00","guid":{"rendered":"http:\/\/new.moldova.org\/2005\/10\/14\/moldovas-economic-competitiveness-5374-eng\/"},"modified":"2005-10-14T21:56:00","modified_gmt":"2005-10-14T21:56:00","slug":"moldovas-economic-competitiveness-5374-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/moldovas-economic-competitiveness-5374-eng\/","title":{"rendered":"Moldova's economic competitiveness"},"content":{"rendered":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

Chisinau, October 14, 2005 (moldova.org) — The World Bank (WB) will finance the “Improvement of Competitiveness in Moldova" project, initiated by the Moldovan government in accordance with the Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) agreed with the WB earlier. The project cost is 9.8 million US dollars, of which half will be released as preferential loan under IDA (WB’s International Development Agency) conditions, while the other half will be allocated as grant. <\/p>\n

The project aims at enhancing competitiveness of enterprises through a better business environment; modernization of Metrology, Standardization, Testing and Quality System (MSTQ), development of quality and control insurance mechanisms at level of enterprise, as well as facilitation of access to financing. The project will encourage the creation of a competitive market environment with the purpose to maintain the macroeconomic stability, economic growth, and creation of jobs. The project will assist Moldovan small businesses to compete on international markets. <\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>The World Bank (WB) will finance the \u201cImprovement of Competitiveness in Moldova” project, initiated by the Moldovan government in accordance with the Economic Growth and Poverty Reduction Strategy…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-236434","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

Chisinau, October 14, 2005 (moldova.org) — The World Bank (WB) will finance the “Improvement of Competitiveness in Moldova" project, initiated by the Moldovan government in accordance with the Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) agreed with the WB earlier. The project cost is 9.8 million US dollars, of which half will be released as preferential loan under IDA (WB’s International Development Agency) conditions, while the other half will be allocated as grant. <\/p>\n

The project aims at enhancing competitiveness of enterprises through a better business environment; modernization of Metrology, Standardization, Testing and Quality System (MSTQ), development of quality and control insurance mechanisms at level of enterprise, as well as facilitation of access to financing. The project will encourage the creation of a competitive market environment with the purpose to maintain the macroeconomic stability, economic growth, and creation of jobs. The project will assist Moldovan small businesses to compete on international markets. <\/p>\n

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