The World Bank will provide Moldova with a €218 million loan to implement the Sustainable Growth Operations Program
This is specifically stipulated by the relevant loan agreement between Moldova and the International Bank for Reconstruction and Development (part of the World Bank Group) for the implementation of this program, the signing of which was approved by the government at a meeting on Wednesday. Finance Minister Andrian Gavrilită specified that Moldova will receive these funds for 30 years, with a nine-year grace period, under very favorable terms to finance state budget needs. According to the Policy Matrix associated with this program, the government will implement reforms aimed at modernizing the public procurement system and the business environment, increasing financial transparency, strengthening the labor market and education, aligning the energy and transport sectors with EU standards, and promoting competition, digitalization, and the green transition, all to support sustainable and inclusive economic growth. The draft Policy Matrix associated with the program outlines reform measures aimed at supporting sustainable and inclusive economic growth and a green climate transition in Moldova. The program consists of 14 conditions, structured into two sets for 2026 and 2027, each comprising seven reform measures. These conditions focus on modernizing the public procurement system and the business environment, increasing financial transparency, reforming education and the labor market, and adapting the energy sector and transport infrastructure to EU standards. Furthermore, the reforms aim to deepen competition, restructure state-owned enterprises, digitalize financial services, support women's participation in the labor market, and promote a green transition by introducing a carbon tax, creating energy efficiency funds, and developing multimodal transport, thereby promoting sustainable and inclusive economic growth. Currently, all conditions for 2026 have been met, and all relevant regulations/legislation have been adopted. In this context, the loan agreement will become available after its entry into force. The draft loan agreement will enter into force after ratification by the Moldovan Parliament and will become effective upon fulfillment of all conditions specified in the draft loan agreement, but no later than 90 days from the date of its signing.// 27.05.2026 —InfoMarket.
