Germany to donate 40 million euros to Moldova for energy compensation

12:47 | 18.11.2022 Category: Social

Chisinau, Nov. 18 /MOLDPRES/- Chisinau government signed today a financing agreement and the additional one on financial support from the Federal Republic of Germany for the Republic of Moldova, aimed at promoting the energy security of vulnerable groups.

According to Minister of Labor and Social Protection Marcal Spatari, Germany will donate 40 million euros to Moldova for energy compensation.

"This aid is conditional on the implementation of the energy vulnerability reduction fund and the targeted compensation mechanism. If we had not had the Law on energy vulnerability reduction fund, if we had not had the registration procedure on compensatii.gov.md and the assignment of energy vulnerability categories, our state would not have benefited from this money", Spatari said.

He said every family that registered on compensatii.gov.md contributed to attracting this aid.

The grant offered by Germany is equivalent to almost 90% of the value of the compensations provided for November.

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