02146cas a2200253 a 4500 AALejournalIMF018155 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484334928 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of Moldova : Selected Issues. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (12 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper highlights the case of Moldova including public investment, efficiency, and growth. The scale up of public investment in Moldova should account for absorption capacity constraints and high reliance on external financing, to ensure a positive impact on growth. It should also be accompanied by efforts to build capacity and strengthen institutions. Public investment in Moldova relies significantly on external loans and grants to finance capital spending. The share of foreign financing varies across sectors, with agriculture and health relying significantly on donor support and education financed mostly domestically. Critical infrastructure needs in Moldova broadly correspond to the priority sectors identified in the National Development Strategy Moldova 2020: energy, transport, agriculture, health, and education. In general, infrastructure in Moldova ranks better regarding coverage than quality. Moldova has a relatively high index of public investment efficiency; nonetheless there are a number of dimensions to improve investment process. Mode of access: Internet Moldova, Republic of imf IMF Staff Country Reports; Country Report ; No. 2017/399 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/399/002.2017.issue-399-en.xml IMF e-Library