
Germany will allocate 24.7 million euros to finance investment projects in Moldova.
At a meeting on Wednesday, the Cabinet of Ministers approved the start of negotiations on the signing of an agreement between the governments of Moldova and Germany on cooperation to finance a number of development projects. In particular, Germany will provide Moldova with a grant of up to 24.7 million euros to finance investment projects: 14 million euros for the implementation of the Open Urban Development Program of Moldova and 10.7 million euros for promoting SMEs in Moldova. The implementation of the projects will contribute to the consolidation of Moldovan-German development cooperation, as well as promote economic growth, job creation and improvement of urban infrastructure.// 14.02.2024 — InfoMarket.