Public property in rural areas of Moldova became of anyone. Thousands of assets worth over one billion lei did not have an owner, are not listed in the register of the State Enterprise "Cadastre" and can end at any private property. Local authorities say they do not have enough money in the budget to tabulate all land and public buildings. According to estimations made Veaceslav Ionita from the Court of Auditors reports, the public unregistered assets exceed over 15 billion lei, of which at least seven billion are owned by local authorities.

Read the latest edition of the newsletter "Budgets without secrets" (No. 4, February issue) in the in which regions the most expensive “ghost” assets were identified.

Also in this issue you will find these topics:

Loss: „Ghost” assets
OPINION: Veaceslav Ionita: "The value of public unregistered assets exceed 15 billion lei"
CIVIC BUDGET: Participatory budgeting gains ground in Moldova
INTERVIEW: Mihai Manoli: "Wealth tax is unconstitutional”
EXAMPLE: The budgets of public institutions in Estonia, accessible to every citizen
DIGITS: How much state employers cost?
RECOMMENDATIONS: Comrat, included among the most transparent municipalities in Moldova

More information you can find in the Newsletter (available only in Romanian)

The publication aims to make transparent the activity of local public authorities in Moldova by promoting transparency and financial accountability.

The Newsletter is produced within the project “Transparent, financially sound and competitive municipalities in Moldova” which is implemented by the Institute for Economic and Social Reforms (INEKO) in partnership with IDIS “Viitorul”, with the support of the SlovakAid and the US Embassy to Moldova. The project aims to increase the financial accountability of local governments in 50 municipalities throughout Moldova.