Moldova received loans and grants from the EU in 2023 totaling about $600 million, of which more than $125 million were grants
Such data are presented in a new study by Expert-Grup independent think tank on "Sustainability of economic relations between Moldova and the European Union in the face of shocks". As noted in the document, the main financing received in 2023 included tranches of a loan from the macro-financial assistance program (87 million euros), as well as a grant (22.5 million euros) from the macro-financial assistance received from the European Commission. This support is intended to support Moldova's macroeconomic stability and ensure the continuation of reforms. The total value of the current macro-financial assistance to Moldova is up to 295 million euros, of which 220 million euros are allocated in loans and 75 million euros in grants. The European Commission also allocated 70 million euros to Moldova in 2023 as non-repayable budgetary support intended for the Energy Vulnerability Reduction Fund. In the 2022-2023 heating season, about 895,000 households benefited from EU assistance, and in the 2023-2024 heating season, about 1 million requests for compensation were submitted through the Ajutor la contor (Help for Your Meter) program. The European Bank for Reconstruction and Development provided $315 million in loans to Moldova in 2023 to implement various road and rail infrastructure projects, acquire gas reserves, improve energy efficiency, and provide access to finance for businesses. The French Development Agency allocated 40 million euros in loans to implement reforms in the energy sector. The Council of Europe Development Bank provided Moldova with a 10 million euros loan under the project "Emergency Response to Covid19" and "Support to Micro, Small and Medium Enterprises." Loans of $19 million were granted by the European Investment Bank for various ongoing investment projects (railway infrastructure, waste management, energy efficiency, etc.). The Romanian government offered Moldova grants worth about 10 million euros within the project "Non-reimbursable technical and financial assistance provided to Moldova by Romania". // 14.05.2024 - InfoMarket.
