ODA guarantee instruments have significantly improved businesses' access to financing over the first nine months of the year and supported investment projects across various sectors of the economy. Individual guarantees had the greatest impact, but the portfolio mechanism continues to gain ground, making it easier for companies without sufficient collateral to obtain loans.
In Moldova, to lower gas prices, it is necessary to improve the efficiency of the gas distribution system, since "Moldovagaz" and its 12 subsidiaries currently account for about 5 lei in costs per cubic meter on our bill—Ministry of Energy
The European Union is launching a new project in Moldova designed to accelerate the reform of state-owned enterprises and bring their operations in line with the standards of the EU Single Market. The initiative is designed to last several years and provides for expert and technical support; however, key priorities and practical steps are yet to be determined separately.
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