Moldova will be able to attract European financing and investments in the fields of employment, social protection, sustainable and qualified labor force.
The parliament's press service reported this, noting that this will be provided for by the agreement between Moldova and the European Union on Moldova's participation in the "Employment and Social Innovation" component of the European Social Fund Plus, the launch of negotiations on which was approved by the Committee for Foreign Policy and European Integration. The budget of the "Employment and Social Innovation" component amounts to almost 762 million euros for 2021-2027. Specific projects to be financed will be selected in cooperation with the authorities, economic agents or responsible institutions and agreed in direct negotiations with the European Commission. At the same time, goods and services purchased or imported in Moldova, which will be partially or fully financed by the European partners, will be exempted from customs and import duties. Depending on the investment area and the level of development of the region where the activity is carried out, the EU co-financing rate may vary from 50% to 95%. The European Social Fund Plus is the EU's main instrument for investing in human capital with a budget of 99.3 billion euros for 2021-2027. The funding is based on two components - general management and "Employment and Social Innovation." //25.09.2023 - InfoMarket.
