[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108654-en":3,"doc-seo-108654-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},108654,7971461740886,"Theodore","https://ap-avatar.wpscdn.com/davatar_3d24733baf745e90a7e4bdd5f77d97b2",8,"Research & Report","COUNTRY PRIVATE SECTOR DIAGNOSTIC - From a Remittances-Driven Economy to Private Sector-Led Sustainable Growth","Country Private Sector Diagnostic examining how Moldova’s economy can transition from remittances-driven dynamics toward private sector-led, sustainable growth. The report frames the state of the private sector and identifies cross-cutting constraints to private sector investment, including business environment reform needs, trade harmonization and facilitation, and competitive conditions influenced by state-owned enterprises. It then analyzes enabling sectors and selected sector assessments across transport and logistics, finance access for MSMEs, renewable energy, agribusiness, and offshore ICT services.","Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized  \nPublic  \nCOUNTRY PRIVATE SECTOR DIAGNOSTIC  \nCREATING MARKETS IN MOLDOVA  \nFrom a Remittances-Driven Economy to Private Sector-Led Sustainable Growth  \nFebruary 2023  \nAbout IFC  \nIFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, [visit www.ifc.org](visit www.ifc.org).  \n© International Finance Corporation 2023 All rights reserved.  \n2121 Pennsylvania Avenue, N.W.  \nWashington, D.C. 20433 [www.ifc.org](www.ifc.org)  \nThe material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon. The findings, interpretations, views, and conclusions expressed herein are those of the authors and do not necessarily reflect the views of the Executive Directors of the International Finance Corporation or of the International Bank for Reconstruction and Development (the World Bank) or the governments they represent.  \nCover Photo: Regina Naturii, Project Implementation Unit  \nCONTENTS  \nACKNOWLEDGEMENTS V  \nABBREVIATIONS AND ACRONYMS VI  \nEXECUTIVE SUMMARY IX 1 COUNTRY CONTEXT 1  \n1.1. The State of the Private Sector 14  \n2. CROSS-CUTTING CONSTRAINTS TO PRIVATE SECTOR INVESTMENT 17  \n2.1. Business Environment: A Need for Accelerated Reform 17  \n2.2. An Unfinished Trade Harmonization and Facilitation Agenda 19  \n2.3. Competition Landscape: Lack of a Level Playing Field Dominated by SOEs 24  \n3. ENABLING SECTORS 37  \n3.1. Transport and Logistics: Leaping Forward from the Soviet Era to Foster Exports and Investment 37  \n3.2. Improving Access to Finance for MSMEs in a Small, Underdeveloped, and Incompletely  \nReformed Financial Sector 46  \n4. SELECTED SECTOR ASSESSMENTS 57  \n4.1. Renewable Energy: Unleashing the Potential of Renewables for Ensuring a Greenerand Safer Energy Supply 57  \n4.2 Agribusiness: Fostering Higher Value-Added Exports by Accelerating Alignment with  \nInternational Regulations and Policy Reforms 74  \n4.3 Information and Technology Offshoring Business Process Offshoring and Shared Service Centers: Harnessing the Next Wave of ITO Investments and  \nFostering the Nascent BPO&SSC Industry 93  \nAPPENDICES 111  \nAppendix A. Country Context 111  \nAppendix A.1. State-Owned Enterprises’ Footprint 111  \nAppendix A.2. Foreign Direct Investment Performance 113  \nAppendix A.3. Review of The New Strategic Investment Law of Moldova 115  \nAppendix A.4. Trade Performance 117  \nAppendix B. State of The Private Sector 126  \nAppendix C. Trade Harmonization and Facilitation 130  \nAppendix D. Competition Policy and State-Owned Enterprises 140  \nAppendix D.1. Moldova’s Competition Landscape: State-Owned  \nEnterprise Dominance and An Unlevel Playing Field 140  \nAppendix D.2. Country Cases and Good Practices On Soe Reforms 143  \nAppendix E Transport And Logistics 146  \nAppendix E.1. Economy-Wide Linkages of Transport 146  \nAppendix E.2.Opportunities and Solutions for The Moldovan Transport and  \nLogistics Sector 150  \nAppendix F. Financial Sector 157  \nAppendix G. Renewable Energy 162  \nAppendix G.1. Moldova’s","cbCair6c99mq2qq5","https://ap.wps.com/l/cbCair6c99mq2qq5","pdf",16957419,4,1,225,"English","en",105,"# Executive Summary\n# Country Context\n## The State of the Private Sector\n# Cross-Cutting Constraints to Private Sector Investment\n## Business Environment: A Need for Accelerated Reform\n## An Unfinished Trade Harmonization and Facilitation Agenda\n## Competition Landscape: Lack of a Level Playing Field Dominated by SOEs\n# Enabling Sectors\n## Transport and Logistics\n## Improving Access to Finance for MSMEs\n# Selected Sector Assessments\n## Renewable Energy\n## Agribusiness\n## Information and Technology Offshoring\n# Appendices","[{\"question\":\"What is the main objective of the Country Private Sector Diagnostic for Moldova?\",\"answer\":\"To assess Moldova’s private sector and the constraints affecting private investment, then outline pathways toward private sector-led, sustainable growth.\"},{\"question\":\"Which cross-cutting issues are highlighted as barriers to private sector investment?\",\"answer\":\"Key barriers include the need for accelerated business environment reforms, an unfinished trade harmonization and facilitation agenda, and a competition landscape lacking a level playing field due to SOE dominance.\"},{\"question\":\"Which enabling and selected sectors does the diagnostic cover?\",\"answer\":\"It focuses on transport and logistics, improving access to finance for MSMEs, and sector assessments for renewable energy, agribusiness, and information and technology offshoring.\"}]",1784472984,567,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":28},"country-private-sector-diagnostic-from-a-remittances-driven-economy-to-private-sector-led-sustainable-growth","",{"@graph":36,"@context":85},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":20},"https://docshare.wps.com/document/country-private-sector-diagnostic-from-a-remittances-driven-economy-to-private-sector-led-sustainable-growth/108654/",{"url":52,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":24,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-29","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What is the main objective of the Country Private Sector Diagnostic for Moldova?","Question",{"text":75,"@type":76},"To assess Moldova’s private sector and the constraints affecting private investment, then outline pathways toward private sector-led, sustainable growth.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"Which cross-cutting issues are highlighted as barriers to private sector investment?",{"text":80,"@type":76},"Key barriers include the need for accelerated business environment reforms, an unfinished trade harmonization and facilitation agenda, and a competition landscape lacking a level playing field due to SOE dominance.",{"name":82,"@type":73,"acceptedAnswer":83},"Which enabling and selected sectors does the diagnostic cover?",{"text":84,"@type":76},"It focuses on transport and logistics, improving access to finance for MSMEs, and sector assessments for renewable energy, agribusiness, and information and technology offshoring.","https://schema.org",{"og:url":52,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,120,123,128,131,135],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":46,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":46,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":46,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":46,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":46,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":46,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":46,"category_name":137,"show_sort_weight":106,"slug":138},19,"General","general"]