Moldova respublikasi moliya vazirligi tsa formasi

TOOLS FOR CASH MANAGEMENT IN THE TSA
Priorities for financing;
Attraction of foreign loans, state securities issuance;
Receiving/granting loans from/to budgets, managed in TSA, to cover the temporary cash gap;
Borrowing funds from investment projects financed by donors and from self-management institutions;
Loans from financial institutions;
Placements in deposit of the free temporary balance.
ISSUES AND CHALLENGES

• Resistance from central and local authorities to transfer of cash to TSA;
• Imperfect legal basis;
• Imperfect information systems;
• Treasury requirement, record control (application of BC,CA);
• Political and economic instability;
• Instability of financial-banking sector;
• Lack of qualified staff.

FUTURE PLANS
We are going to
improve the legal framework
develop human capacity
develop information system
divide responsibilities between TT and
authority/public institutions
improve methodology
Implementation of international
standards
teşekkürler