MCC can successfully support the establishment of a dedicated fund for road maintenance. In Moldova, MCC led other international financial institutions to work with the Government of Moldova to amend the Road Fund Law to automatically fund maintenance of the national road network with the fuel excise tax. The amendment to the fund was a condition to MCC funding of the road rehabilitation and was met early in the Compact. The Road Fund continues to be funded with the fuel excise tax; however, the levels of funding have varied over the years due to various challenges facing Moldova, including a financial crisis, the COVID-19 pandemic, and the war in Ukraine. As the evaluation states, it was a major accomplishment toward a more sustainable road financing system in Moldova.
Lesson Learned