This Economic Development Document highlights the Moldova 2020 National Development Strategy focus on producing a social and economic impact on various development priorities. Poverty reduction has progressed significantly during the past eight years: the national poverty rate decreased from 26.4 percent in 2008 to 9.6 percent in 2015. Remittances by emigrants and higher agricultural income, salaries, and social benefits were the major drivers of poverty reduction. The means-tested social assistance program had a significant impact. This social aid has proved to be the most efficient social protection against poverty; however, social support programs that are not means tested are ineffective.
the ease and flexibility of incorporation. The number of licensed companymanagers and trust companies as at October 2002 were 29 and 12, respectively.
13. As at August 2002, 4,642 companies and partnerships had been registered as shown in the following table. Only 78 trusts had been reported to the authorities although there is no requirement to register trusts. Accordingly the precise level of trust activity may not be known.
Company and Partnership Registration
Category of business
Number of Entities