Moldova will receive additional funding from the US in a grants totaling over $35.7 million to strengthen participatory democracy and sustainable economic growth.
In particular, this is envisaged by two amendments to the Agreement on Assistance in Strengthening Participatory Democracy and the Agreement on Assistance in Achieving Sustainable Development Goals to Promote European Integration, the start of negotiations and signing of which was approved by the Parliamentary Commission on Foreign Policy and European Integration. In particular, the amendment to the Agreement with the United States on Assistance in Strengthening Participatory Democracy, which is to be agreed, provides for the provision of additional funding in a grant of $19 million 418 thousand 292. As a result, the amount of funds allocated under the agreement will be increased to $96 million 330 thousand 549. The money will be used to increase the involvement of citizens, strengthen the response of state institutions and reduce the vulnerability of democratic institutions and processes. At the same time, an amendment to the Agreement on Assistance in Achieving Sustainable Development Goals to Promote European Integration, which provides for an additional grant for Moldova totaling $16 million 306 thousand 782, is to be discussed. In general, the total amount of funds provided under this agreement will increase to $106 million 928 thousand 297. The main objectives of the agreement are to promote greater access to the European Union and other international markets and to increase competitiveness in the manufacturing sectors. Both agreements were concluded between the governments of Moldova and the United States in 2016, the deadline for their implementation is until the end of 2025. // 02.03.2022 – InfoMarket
