USA to grant Moldova non-refundable financial assistance of 19.5 million dollars
13:11 | 24.11.2022 Category: Economic
Chisinau, Nov. 24 /MOLDPRES/- The Republic of Moldova will benefit from non-refundable financial assistance of 19.5 million dollars, additionally granted by the United States of America. A draft law providing for the ratification of the 14th Amendment to the Assistance Agreement on development objective between the Government of Moldova and that of the USA was adopted today by the Legislature.
The additional funding of 19.5 million dollars will be used to strengthen our country's energy security, reduce dependence on the Russian Federation by connecting key elements with European systems, as well as diversify natural gas supply and increase energy efficiency.
After granting the additional financing, the Republic of Moldova will benefit, in total, from non-reimbursable assistance in the amount of 172.7 million dollars.