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Economy
21 July, 2026 / 01:42
/ 09 June, 2026

Deputy Prime Minister: EU Growth Plan for Moldova creates conditions for modernizing economy at unprecedented pace

The European Union’s Growth Plan for the Republic of Moldova worth 1.9 billion euros creates the necessary conditions for the development of large-scale projects and for modernizing the economy at an unprecedented pace. Deputy Prime Minister Eugeniu Osmochescu made the statement in an interview granted exclusively to MOLDPRES.

“The European Union’s Growth Plan for the Republic of Moldova is one of the most important instruments for supporting economic development and the process of European integration,” said Osmochescu.

The official presented the main effects achieved one year after the launch of the Growth Plan and the next stages in its implementation.

“One year after its launch, we are already seeing significant effects. The Plan has contributed to accelerating economic reforms, strengthening macroeconomic stability, and preparing major investments in infrastructure, energy, and digitalization,” said the Deputy Prime Minister.

In addition, according to the official, the Growth Plan provides predictability and confidence both to public institutions and to investors.

“It creates the necessary conditions for the development of large-scale projects and for modernizing the economy at an unprecedented pace,” underlined Eugeniu Osmochescu.

The next stage will be marked by the accelerated implementation of the projects envisaged under the Growth Plan, with a focus on connectivity, energy security, economic competitiveness, and human capital development, he mentioned.

“As European Commissioner Marta Kos also emphasized, this plan is the largest economic support package ever offered to the Republic of Moldova and reflects the European Union’s confidence in the European future of our country,” concluded Osmochescu.

The Growth Plan supported by the European Union is the most extensive and ambitious financial support package in the history of the Republic of Moldova, worth 1.9 billion euros. The Facility Agreement between the Republic of Moldova and the European Union on the specific arrangements for implementing the support granted by the European Union under the Reform and Growth Facility for the Republic of Moldova was signed on 9 May 2025.

One year after its launch, Chișinău hosted the first Republic of Moldova–European Union Investment Conference, which included the signing of investment partnerships, financing instruments, and new investment projects announced for the Republic of Moldova, which will generate investments of over 1 billion euros in our country’s economy.