Chişinău heat and electricity supply institutional and financial restructuring study : phase one report (Romanian)

Comprehensive reforms are acutely needed to bring about the financial stabilization of the energy sector in Chişinău. Termocom, the district heating company, has accumulated an unsustainable debt, equivalent to 3.5 percent of the national GDP – large enough to become an issue of concern between the IMF and the Government of Moldova. The direct cause of the financial deficits and debtaccumulation was a persistent failure of the Municipality, owner...
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  • Nishimura,Shinya;
    Stuggins,Gary;
    Salminen,Pekka Kalevi;
    Vasquez Suarez,Claudia Ines;
    Sharabaroff,Alexander;
    Ghidirim,Sandu;
    Makumbe,Pedzisayi;

  • 2011/04/01

  • Working Paper

  • 128350

  • 1

  • 1

  • Moldova,

  • Europe and Central Asia,

  • 2018/07/13

  • Disclosed

  • Chişinău heat and electricity supply institutional and financial restructuring study : phase one report

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Citation

Nishimura,Shinya; Stuggins,Gary; Salminen,Pekka Kalevi; Vasquez Suarez,Claudia Ines; Sharabaroff,Alexander; Ghidirim,Sandu; Makumbe,Pedzisayi.

Chişinău heat and electricity supply institutional and financial restructuring study : phase one report (Romanian). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/531961531488784089

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