The Moldavian approach to modernize the public financial management has been characterized by experiments and initiatives to implement the Medium term expenditure framework, which provides a new modern approach on the process of National Public Budget and is an instrument of the public expenses coordination with the public policies; as well as to introduce a new financial control and auditing system. The responsibility for providing budget guarantees to governmental agencies has been moved to line ministries. However, a lot of problems are to be solved in fimancial management area. The financial stability of public authorities causes problems, because its contents are not clearly defined. Performance financial management in public sector is not connected to budget process, yet.