Tue, 10/01/2023 - 15:39 |

The Executive Board of the International Monetary Fund (IMF) concluded the second review under the 40-month Extended Credit Facility (ECF) and Extended Fund Facility (EFF) Arrangements for the Republic of Moldova. This allows for the immediate disbursement of SDR 20.65 million (about US$27 million), usable for budget support, bringing Moldova’s total disbursements under the blended ECF/EFF arrangements to SDR 206.6 million (about US$275 million). The program has helped the authorities respond to multiple shocks in in an agile and comprehensive way. Continued progress on governance reforms...
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Wed, 04/01/2023 - 13:12 |

€25 million EBRD loan, €5.6 million grant from E5P for improvements EBRD lends €25 million to Moldova to finance critical solid waste management infrastructure Investment boosted by €5.6 million grant from multi-donor E5P fund, to which the EU is the largest contributor Loan to expand and upgrade waste management system The EBRD is providing a €25 million sovereign loan to the government of Moldova to finance critical investments in its solid waste management infrastructure and to address pressing environmental challenges. The loan is part of a wider financing package, with the European...
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Thu, 15/12/2022 - 17:00 |

The European Investment Bank (EIB) and the Ministry of Finance of Moldova represented by Senior Loan Officer Stella Renita and minister Dumitru Budianschi signed today an agreement for a €100 million increase to the original €150 million loan for the rehabilitation and upgrading of key national road sections. The new operation will finance the improvements to national road Hincesti – Leova – Cahul – Giurgiulesti, leading to Moldova’s only international port of Giurgiulesti on the Danube river. The other segment is the construction of a bypass allowing to detour the town of Cimislia. The EIB...
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