Moldova receives ten-million-euros-worth grant of EU's second installment of financing

20:18 | 04.08.2020 Category: Economic

Chisinau, 4 August /MOLDPRES/ - The grant worth ten million euros – a component part of the second installment of the European Union’s macro-financial assistance programme, today entered the Finance Ministry’s account.

The disbursement of the financial means related to the second installment of the macro-financial assistance programme was possible due to the fact that Moldova fully carried out the actions provided for in the memorandum of understanding on macro-financial assistance. ‘’They include important measures in the field of governance of the financial sector, public area, fighting corruption and money laundering, energy sector and business climate, as well as the implementation of the Deep and Comprehensive Free Trade Area,’’ the Finance Ministry said.

The loan, worth 20 million euros, of the second installment of the EU’s macro-financial assistance programme for Moldova, reached the Finance Ministry’s account on 16 July 2020.

The second installment of the macro-financial assistance programme is made up of 10 million euros as grant and 20 million euros as long-term loan, with low interest.

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