Romania | Projects | World Bank

The project Revenue Administration Modernization Project has changed to Active

2013-05-02T04:00:00.000Z

The project Revenue Administration Modernization Project has changed to Active. To see more information, see the project information in the World Bank project database

The development objectives of the Revenue Administration Modernization Project for Romania are: 1) to increase effectiveness and efficiency in collection of taxes and social contributions; 2) to increase tax compliance; and 3) to reduce the burden on taxpayers to comply. There are four main project components: The first component of the project is institutional development. This component will support the development of a modern organization and management structure, instill a strategic focus, emphasize the importance of integrity, rationalize the organization structure to increase National Agency for Fiscal Administration (NAFA's) effectiveness, and strengthen human resource management through targeted professional training and technical assistance. The second component of the project is increasing operational effectiveness and efficiency. This component would streamline business processes and work-flows, and invest in the modernization of core information Technology (IT) systems to take full advantage of the possibilities offered by automation in NAFA's back office operations, as well as in the interaction with taxpayers and contributors. The third component of the project is taxpayer services and corporate communication. This component will finance activities aimed at modernizing taxpayer services; implementing mechanisms for transparency and accountability. The fourth component of the project is coordination and management. The project will have a Project Management Unit (PMU) well-integrated into NAFA's headquarters management structure, which is responsible for day-to-day implementation of the project.

The project Results-Based Health Sector Reform Project has changed to Dropped

2013-04-09T04:00:00.000Z

The project Results-Based Health Sector Reform Project has changed to Dropped. To see more information, see the project information in the World Bank project database

The project Knowledge Economy Project has changed to Closed

2013-03-02T05:00:00.000Z

The project Knowledge Economy Project has changed to Closed. To see more information, see the project information in the World Bank project database

The objective of Knowledge Economy Project is to accelerate the participation of knowledge disadvantaged communities in the knowledge-based society and economy in Romania. This level two restructuring changes based on the request of the Ministry of Public Finance (MPF) to cancel the uncommitted loan amount (US$ 19,595,436.45) for implementation of the remaining two activities. The activities are the extended technical assistance for communities (US$4.2 million) and the integrated system for the issuance of civil information (US$15.1 million), respectively. The restructuring consisted of: a) the reallocation of 15 percent of loan funds among existing expenditure categories, by making full use of the project savings; and b) the extension of the closing date by 20 months to February 28, 2013.

The project Mine Closure, Environment & Socio-Economic Regeneration Project has changed to Closed

2012-11-02T04:00:00.000Z

The project Mine Closure, Environment & Socio-Economic Regeneration Project has changed to Closed. To see more information, see the project information in the World Bank project database

The Romania Mine Closure, Environmental and Scio-Economic Regeneration Project aims to strengthen the Government's ability to undertake mining sector reform by: (1) building the capacity of the ministry of economy and commerce for closing uneconomic mining enterprises through support for closing complex mines and ancillary enterprises in an environmentally sustainable manner; and (2) providing support to the National Agency for development and implementation reconstruction programs for the mining regions, local communities, and other agencies for community-based planning and socio-economic regeneration of the mining regions. The changes include: 1) schedule one of the loan agreement is amended to reallocate US$ 3.24 million from category 12 socioeconomic regeneration to category 13, social development scheme for mining communities implemented by Romanian Social Development Fund (RSDF); 2) the closing date for the project is extended by 18 months from May 30, 2010 to November 31, 2011; and 3) all project components are expected to be completed and by the new closing date. The implementation schedules have been extended accordingly.

The project Improved Policy Making and Institutional Framework for People with Disability is now in the pipeline.

2012-07-17T04:00:00.000Z

The project Improved Policy Making and Institutional Framework for People with Disability is now in the pipeline. To see more information, see the project information in the World Bank project database

The project Irrigation Rehabilitation & Reform Project has changed to Closed

2012-07-02T04:00:00.000Z

The project Irrigation Rehabilitation & Reform Project has changed to Closed. To see more information, see the project information in the World Bank project database

The objectives of the Irrigation Rehabilitation and Reform Project for Romania are to: (i) increasing agricultural productivity in project area; and (ii) more economic use of irrigation resources through change of farmers' and Land Reclamation Agency's (LRA) behaviors. The extension is necessary to cover the risk that, in case of a severe winter, the works under the 'Terasa Viziru' contract will not be completed before the current closing date (March 31, 2012). In addition, the extension would allow for delivery and installation of all goods procured under the Water Users' Organizations (WUO) support program. The Borrower has prepared an updated action plan for project implementation during the extended time, to complete all project activities. The project is in compliance with its financial management, reporting and auditing covenants. The 2010 audit reports have been submitted by the agreed due date, with a clean (unqualified) audit opinion and no internal control weaknesses were mentioned in the related management letter. This will be the second extension of the project. The first extension, by 12 months, was approved on July 12, 2010.

The project Development Policy Operation - DDO has changed to Active

2012-06-15T04:00:00.000Z

The project Development Policy Operation - DDO has changed to Active. To see more information, see the project information in the World Bank project database

The objective of the Development Policy Loan with a Deferred Drawdown Option Program for Romania is to support the Government of Romania's efforts to meet the fiscal sustainability goals as defined by the European Union (EU) fiscal compact. Since late, 2008, Romania has had to cope with persistent economic difficulties and financial turbulence in the EU and elsewhere. Despite the resumption of growth in 2011, Romania's economic prospects in 2012 remain weak. Although the country is currently able to raise sufficient financing on both domestic and international markets, its access to capital markets could be constrained at any point by the higher-than-usual volatility in the international markets, particularly in the EU. To address these challenges, the Government has approached the World Bank and other International Financial Institutions (IFIs) for support. Main risks stem from the economic and financial turmoil in the Euro zone, and domestic politics. The medium term recovery of the Romanian economy relies on foreign direct investment (FDI), domestic demand and export growth. A prolonged global economic slowdown and in particular delayed recovery in the EU could stall investment and depress exports. These risks are compounded by low absorption of EU structural and cohesion funds, and the need to refinance the sizeable short-term debt. Domestic political risks stem from the electoral agenda of 2012, with local and parliamentary elections scheduled for June and November, 2012, respectively. Social risks include the lingering effect of the 2010-11 fiscal austerity measures, and may increase with the anticipated economic slowdown and resulting impact on employment and wages. The Government's capacity can affect its ability to formulate, coordinate and implement policies and programs.

The project Revenue Administration Modernization Project is now in the pipeline.

2012-04-26T04:00:00.000Z

The project Revenue Administration Modernization Project is now in the pipeline. To see more information, see the project information in the World Bank project database

The project MUNICIPAL SERVICES PROJECT has changed to Closed

2012-04-02T04:00:00.000Z

The project MUNICIPAL SERVICES PROJECT has changed to Closed. To see more information, see the project information in the World Bank project database

The Municipal Services Project aims to assist Romania to meet European Union environmental directives in the water and wastewater sector, thereby improving the quality and coverage of water and wastewater services. The project will have three components: a) Component 1, urban services in Bucharest municipality, which will include provision of urban services - water, sewerage, drainage, and road surfacing - in priority neighborhoods. ' b) Component 2, urban services in Arad municipality, which will include provision of urban services - sewerage, drainage, and road surfacing - in priority neighborhoods.; and c) Component 3, consulting services to prepare for water and wastewater projects in 11 counties.

The project Development Policy Operation - DDO is now in the pipeline.

2012-03-31T04:00:00.000Z

The project Development Policy Operation - DDO is now in the pipeline. To see more information, see the project information in the World Bank project database

The project Development Policy Loan 3 (DPL 3) has changed to Closed

2011-12-29T05:00:00.000Z

The project Development Policy Loan 3 (DPL 3) has changed to Closed. To see more information, see the project information in the World Bank project database

The objective of the Third Development Policy Loan Program for Romania is to support the Government's reforms in fiscal management, social protection and the financial sector, and position Romania to emerge from the economic and financial crisis on a stronger footing, and resume and sustain convergence to the living standards of more advanced European Union (EU) economies and withstand better any further shocks. This Program Document (PD) describes the third loan in a program of three Development Policy Loans (DPLs) to Romania for a total amount of 1 billion. The third DPL (DPL3) would disburse 400 million in FY12. The Bank operation reinforces and complements programs financed by the International Monetary Fund (IMF) and the EU which were completed in April 2011, as well as the successor IMF and European Commission (EC) precautionary financial assistance agreements that were reached in May 2011, for a two-year period. Consistent with the precautionary agreements that shifted focus from crisis management to the maintenance of macroeconomic stability and enhanced competitiveness, the DPL3 has strengthened the structural policy reform agenda adopted by the Romanian authorities. The DPL3 program supports progress towards a sustainable fiscal framework, improved quality and efficiency of health and education services, the modernization of the social assistance system, and financial sector stability. the program supports Government's structural reforms in three key areas: a) improving fiscal sustainability and management of public finances in general, and in the health and education sectors in particular; b) enhancing social protection systems so that they address the immediate needs of the poor and vulnerable and provide sustainable social protection over the long term; and c) strengthening contingency planning in, and the resilience of, the financial sector. This document does not discuss in detail the general features of the program to be supported by the DPL series.

The project Development Policy Loan 3 (DPL 3) is now in the pipeline.

2011-12-23T05:00:00.000Z

The project Development Policy Loan 3 (DPL 3) is now in the pipeline. To see more information, see the project information in the World Bank project database

The project Hazard Risk Mitigation & Emergency Preparedness GEF Project has changed to Closed

2011-12-22T05:00:00.000Z

The project Hazard Risk Mitigation & Emergency Preparedness GEF Project has changed to Closed. To see more information, see the project information in the World Bank project database

The objective of the Hazard Risk Mitigation and Preparedness Global Environment Facility (GEF) Project for Romania is to demonstrate and provide for replication for the reduction of catastrophic accidental spills of trans-boundary pollution loads from mine operations flowing into the Danube and Black Sea basins. The reallocation is required for the following reasons: a) provide additional funding for the installation of the environmental monitoring and early warning systems; and b) finance a study tour for Romanian counterparts to European Union (EU) countries with experience in using environmental financial guarantees (environmental contingency funds) as a regulatory instrument in the mining sector.

The project Hazard Risk Mitigation & Emergency Preparedness Project has changed to Closed

2011-12-22T05:00:00.000Z

The project Hazard Risk Mitigation & Emergency Preparedness Project has changed to Closed. To see more information, see the project information in the World Bank project database

The objective of the Hazard Risk Mitigation and Emergency Preparedness Project is to assist the Government of Romania in reducing the environmental, social, and economic vulnerability to natural disasters and catastrophic mining accidental spills of pollutants through: (a) strengthening the institutional and technical capacity for disaster management and emergency response through upgrading communication and information systems; (b) implementing specific risk reduction investments for floods, landslides and earthquakes; (c) improving the safety of selected water retention dams; and (d) improving on a pilot basis the management and safety of tailings dams and waste dump facilities. The Project was approved on May 20, 2004 and became effective on October 20, 2004. Project implementation was slower than anticipated but commitment of project funds gained momentum during 2008 and now over 80 percent of project funds have been committed, about 63 percent of the loan has been disbursed, and about 70 percent of project activities are complete. For more than two years, project development objectives achievement was rated moderately satisfactory due to the risk that the initial investment program would be only partially financed because of the sharp depreciation of the loan currency (US$) and rising construction costs after Romania joined the European Union, creating a financing gap that threatened project outputs and outcomes. Due to slower-than expected project start, the Bank agreed to extend project closing date from December 31, 2009 to December 20, 2011, to enable Government to complete all activities envisioned under the project.

The project Second Development Policy Loan is now in the pipeline.

2010-09-30T04:00:00.000Z

The project Second Development Policy Loan is now in the pipeline. To see more information, see the project information in the World Bank project database

This program document describes the Second Development Policy Loan Program in a program of three possible Development Policy Loans (DPL) to Romania. The first DPL (DPL1) disbursed Euro 300 million in September 2009. This second DPL (DPL2) is also for Euro 300 million. A third DPL (DPL3) for Euro 400 million is tentatively targeted for CY2011. This DPL program supports the Government's structural reforms in three key areas: a) improving fiscal sustainability and management of public finances, including at sectoral level in health and education; b) enhancing social protection systems to address the immediate needs of the poor and vulnerable while ensuring more sustainable social protection over the longer-term; and c) strengthening contingency planning in, and the resilience of, the financial sector. The Bank operation reinforces and complements existing programs by the International Monetary Fund (IMF) and the European Commission (EC). The DPL series is central to the Bank's engagement in Romania as described in the Country Partnership Strategy (CPS) that was presented to the Board on July 16, 2009, together with DPL1. While financing a relatively small share of the Euro 20 billion package agreed by the Government with the IMF and the EC, the DPL targets structural reforms which will considerably improve Romania's medium to long term outlook for sustainable development.

The project Results-Based Health Sector Reform Project is now in the pipeline.

2010-09-14T04:00:00.000Z

The project Results-Based Health Sector Reform Project is now in the pipeline. To see more information, see the project information in the World Bank project database

The project Social Assistance System Modernization Project is now in the pipeline.

2010-08-13T04:00:00.000Z

The project Social Assistance System Modernization Project is now in the pipeline. To see more information, see the project information in the World Bank project database

The objective of the Social Assistance System Modernization Project is to improve the overall performance of Romania's social assistance system by strengthening performance management, improving equity, improving administrative efficiency and reducing error and fraud. It is organized around four key results areas, each contributing to the project development objective (PDO): a) strengthened performance management: Romania's social assistance reform is implemented following a results-oriented strategy and action plan and is supported by a performance management monitoring and evaluation (M&E) system; b) improved equity: the share of social assistance funds going to the first poorest quintile of the population increases to 45 percent from 37.7 percent at baseline (in 2009); c) improved administrative efficiency: reduction in administrative and client costs for means-tested programs by 15 percent from baseline value; and d) reduced error and fraud: programs for low-income households, disability benefits and family policy programs have strengthened information systems, and oversight and control procedures including detection of error and fraud using risk-based investigation, data matching, data quality audits, and consolidated beneficiary registries.

The project DPL is now in the pipeline.

2009-07-18T04:00:00.000Z

The project DPL is now in the pipeline. To see more information, see the project information in the World Bank project database

The objective of the First Development Policy Loan (DPL) Program for Romania is to support the Government's reforms in fiscal management, social protection, and the financial sector. This operation is being proposed as the first of a series of three single tranche programmatic loans totaling Euro 1 billion. The first DPL is for Euro 300, and the second and third DPL will be Euro 360 million and Euro 340 million respectively. The DPL program supports the Government's structural reforms in three key areas: a) improving fiscal sustainability and public financial management (cross-sectoral reforms and reforms in two key sectors-health and education); b) enhancing social protection systems-social assistance and pensions-to address the immediate needs of the poor and vulnerable but also to ensure more effective social protection over the longer term; and c) strengthening the contingency planning and resilience of the financial sector. In the fiscal and financial sector areas, which are also being covered by the International Monetary Fund (IMF) and the European Commission (EC) programs, the Bank operation reinforces and complements the measures envisaged under these respective programs.

The project Energy Community Program - Romania Component - Hidroelectrica/Tarnita is now in the pipeline.

2008-01-12T05:00:00.000Z

The project Energy Community Program - Romania Component - Hidroelectrica/Tarnita is now in the pipeline. To see more information, see the project information in the World Bank project database

The project Modernizing Agricultural Knowledge & Information Systems Project (MAKIS) is now in the pipeline.

2007-10-25T04:00:00.000Z

The project Modernizing Agricultural Knowledge & Information Systems Project (MAKIS) is now in the pipeline. To see more information, see the project information in the World Bank project database

The Modernizing Agricultural Knowledge and Information Systems Project for Romania will contribute to the productivity and quality increases of agro-food products, the modernization and the improvement of food processing and marketing chains as well as increase of agricultural producers' income and the sustainable development of rural areas. The project has the following four components: Component 1) will strengthen the National Authority for Sanitary, Veterinary and Food Safety (ANSVSA) and Phyto-sanitary units so that they are better able to (i) implement the new food safety regulations adopted by Romania in compliance with EU accession requirements; and (ii) provide the necessary control and verification of fresh and processed products to enable farmers, ago-industry and food processors to supply local and international markets. Component 2) will strengthen the capacity of the national agricultural research system (NARS) to provide agricultural knowledge, skills and information to farmers and agro-processors based on the needs of the agro-food sub-sector and in line with the EU requirements. Component 3) will provide support for advisory and information systems. Component 4) will provide for project co-ordination and administration, procurement, financial management, reporting, monitoring and evaluation activities for all components.