On the proposal for a regulation of the European Parliament and of the Council on establishing the Reform and Growth Facility for the Republic of Moldova
CONT-PA-766703
Committee on Budgetary Control · Rapporteur: Jonas Sjöstedt
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This draft opinion amends the proposed regulation establishing the Reform and Growth Facility for Moldova, increasing non-repayable support to EUR 920 million and loans to EUR 1 000 million, and raising pre-financing to 14%.¶¶¶ It strengthens the role of the Court of Accounts of Moldova in auditing and oversight, requiring it to appoint an independent external auditor and report to the Commission, OLAF, and EPPO.¶¶¶ It adds conditions for funding, including respect for the Court's independence, and requires Moldova to publish data on final recipients, including contractors and sub-contractors.¶¶
Committee position. The Committee on Budgetary Control proposes amendments to strengthen oversight, increase funding, and enhance the role of Moldova's Court of Accounts.¶¶¶
Key points
- Increases non-repayable support from EUR 420 to 920 million and loans from EUR 1 500 to 1 000 million for 2025-2027.¶¶
- Raises pre-financing from 7% to 14% of the total amount, subject to preconditions and no deficiencies in the control system.¶¶¶
- Requires the Commission to assess preconditions before releasing funds and to withhold funds if preconditions are not met.¶¶¶
- Mandates that Moldova publish data on final recipients, including contractors and sub-contractors, receiving over EUR 50 000.¶
- Gives the Court of Accounts of Moldova a key role in auditing, appointing an independent external auditor, and reporting to the Commission and EPPO.¶¶¶
- Requires Moldova to report irregularities to the Court of Accounts and the Commission, and to maintain records linking funds to costs.¶¶¶
- Adds that the Reform Agenda indicators must be specific, measurable, achievable, relevant, and time-bound, with quantitative and qualitative thresholds.¶
- Allows the Commission to request Moldova to modify the Reform Agenda if risks are identified.¶
- Requires the Facility Agreement to include obligations for Moldova to provide management declarations, lists of measures, and audit summaries with payment requests.¶
- Strengthens the Commission's right to reduce funds or recover amounts in cases of irregularities, fraud, or corruption.¶
Who is affected
- Moldova: faces stricter conditions, higher pre-financing, and new reporting and audit obligations.¶¶¶
- Court of Accounts of Moldova: gains new audit and oversight responsibilities, with funding from the Facility.¶¶¶
- Final recipients of EU funds: must be disclosed if receiving over EUR 50 000.¶
- Commission: must assess preconditions and may withhold funds; receives reports from the Court of Accounts.¶¶¶