“Ion Ionescu de la Brad” University of Agricultural Sciences and Veterinary Medicine, Iaşi
Abstract
The existence of a functioning market economy is a prerequisite for the Republic of Moldova to successfully develop
its capacity to cope with competitive pressure and market forces within the EU. Therefore, at the beginning of the
transition period, when the creation and reformation of the public expenditure, taxes, and tax systems was sought in
order to ensure their compatibility with the market economy mechanisms along with the changes in the structures of
the financial institutions and the national public budget, the functions of the fiscal policy were reasonably focused on
the priority role of ensuring the main governmental functions. Over the next few years, after the overall restructuring
of the fiscal system, its mechanisms had different effects from what it was expected, in the conditions of a
management that proved not to be performing well. This article, in fact, involves dealing with a very complex issue
and with numerous and varied interdependencies on the fiscal instruments and the functionality of the national
economy
