Moldova's state budget for 2024 has been amended to support vulnerable energy consumers with new donor funds without changing the budget deficit.
This is stipulated by the relevant amendments to the law on the state budget for the current year, passed by the parliament in the second reading on the initiative of the Chairman of the Parliamentary Commission for Economy, Budget and Finance, Radu Marian. He said that, with the support of the United Nations Development Program, Moldova and development partners signed agreements meant to increase the possibilities of supporting vulnerable energy consumers. Sweden and Italy are going to provide Moldova with grants worth about $8 million 852.1 and 4 million 320 thousand euros for measures to reduce the energy vulnerability. In order to utilize these grants, it was decided to amend the law on the state budget, including the relevant funds in the revenues and expenditures of the state budget for 2024, without changing its deficit. The draft law also provides for authorization for the Ministry of Finance to redistribute the allocations approved in the Energy Vulnerability Reduction Fund between the Fund's measures upon reasonable proposals of the Ministry of Labor and Social Protection and the Ministry of Energy. // 22.03.2024 - InfoMarket.
