Public Capital Budgeting and Management Process in Moldova

Authors

Erica Ceka, Governors State UniversityFollow

Files

Academic Unit

College of Arts and Sciences

Publication Date

2019

Document Type

Book Chapter

Description

Chapter 7
in Capital Management and Budgeting in the Public Sector
Srithongrung, A.; Ermasova, N. B.; Yusuf, J. (eds.)

Abstract

As Moldova works toward building democracy and sustainable development, it is focusing its attention on increasing the effectiveness of public capital investment management. The chapter summarizes the current legal framework and practices in the field of capital management and budgeting in Moldova and compares the processes with a normative framework for effective capital investment management, focusing on capital planning, capital financial management, capital project execution and management, and public infrastructure maintenance. The analysis demonstrates that the public capital management and budgeting process in Moldova at the level of planning, allocation, and implementation of capital budgets falls short of its potential. The case reveals that despite a promising budgetary reform and comprehensive legal framework, the process of capital budgeting and management in Moldova remains ineffective due to institutional, economic, and political constraints.

ISBN

ISBN13: 9781522573296

Publisher

IGI Scientific Publishing

City

Hershey, PA

Beginning Page Number

134

Last Page Number

156

DOI

DOI: 10.4018/978-1-5225-7329-6.ch007

Recommended Citation

Ceka, Erica, "Public Capital Budgeting and Management Process in Moldova" (2019). Faculty Authors and Creators Reception. 47.
https://opus.govst.edu/fac/47