
The Moldovan Ministry of Finance received a grant of 75 million euros from the European Union.
This grant money was allocated to our country by the European Commission as budgetary support in order to mitigate the consequences of rising energy prices. According to the Ministry of Finance, the EU grant of 75 million euros for budget support arrived at the agency's accounts on August 19. The purpose of this aid is to strengthen Moldova's long-term socio-economic recovery, energy security and energy transition. This budget aid will support the vulnerable population affected by higher energy prices and help alleviate economic pressures related to the flow of refugees from Ukraine. The Ministry of Finance stresses that the grant is the second tranche of the EU budget support offered to Moldova, following fulfillment of conditions stipulated in amendment N1 to the financing agreement between the Moldovan government and the European Commission under the "State and Resilience Building Contract" for the Republic of Moldova, concluded in Brussels on 15 December 2021. Together with the first tranche of 60 million euros disbursed in December 2021, the total amount of this budget support reaches 135 million euros. //22.08.2022 - InfoMarket.