European Commission approves disbursement of 36 million euros to combat COVID-19 pandemic
10:07 | 15.09.2021 Category: Official
Chisinau, 15 September /MOLDPRES/- Prime Minister Natalia Gavrilița had a meeting yesterday with a delegation of European officials led by Katarína Mathernová, Deputy Director General of the Directorate of Neighborhood and Enlargement Negotiations within the European Commission, and Michael Siebert, Director for Russia, Eastern Partnership, Central Asia, cooperation and the OSCE from the European External Action Service, the government's communication and protocol department has reported.
The discussions focused on the implementation of the Economic Recovery Plan for the Republic of Moldova, launched this June. The plan is based on assistance provided by the European Union through various bilateral and regional instruments (the Eastern Partnership) and aims to mobilize up to 600 million euros over three years in the form of grants, loans, guarantees, macro-financial assistance.
In this context, the announcement was made of the disbursement of over 36 million euros in grants to combat the COVID-19 pandemic, namely economic recovery and police reform. The announcement was made yesterday by Katarína Mathernová: “In June I came to Chisinau to present the Economic Recovery Plan for Moldova worth 600 million euros. A lot has happened since then and I want to congratulate you on the victory of the reforming forces. The recovery plan is already being implemented with the signing of the release of this first instalment”.
“The economic recovery plan and the 5 initiatives for Moldova in the Eastern Partnership will directly contribute to the reform and consolidation of institutions, stimulate long-term socio-economic development, bring direct benefits to citizens, and open new economic opportunities through promoting the green agenda and digitization. Small and medium-sized enterprises (SMEs) have been hit hard by the crisis. Promoting and diversifying access to finance and reducing collateral requirements will be essential in supporting economic operators. We are grateful to the EU partners who will launch two programs to support 50,000 independent Moldovan SMEs to adapt to the new conditions ", said Natalia Gavrilița.
European partners have also shown openness to negotiate new budget support programs for some key reforms of the new government.