First funds from Growth Plan to reach Moldova's Treasury in the coming weeks, Dorin Recean said in Brussels

The first funds from the 1.9-billion-euros-worth Growth Plan, provided by the European Union, will reach the treasury of Moldova in the coming weeks. Prime Minister Dorin Recean today made statements to this effect in Brussels, after the conclusion of the ninth meeting of the Moldova-EU Association Council.

Dorin Recean said that, in the case of Moldova, the pre-financing had been increased from 7 to 18 per cent.

“For the first time, and we thank the European Commission, the pre-financing for the Economic Growth Plan is 18 percent, compared to 7 percent in previous cases. These funds will reach the treasury of Moldova in the coming weeks,” Dorin Recean said at a press conference held in Brussels jointly with Vice President of the European Commission, High Representative of the EU for Foreign Affairs and Security Policy Kaja Kallas and European Commissioner for Enlargement Marta Kos.

At the same time, the PM emphasized the importance of continuing the committed reforms.

“Now, it is very important that the new government, which will come after the next autumn elections, is pro-European. Otherwise, the commitments regarding the European path and the reform agenda will not be observed. The funds for investments in citizens' welfare, infrastructure, the business environment, and industrialization of agriculture are conditioned by the implementation of reforms needed by Moldova’s citizens,” the prime minister added.

The head of the European Parliament Delegation for Relations with Moldova, Siegfried Muresan, today also informed, after a discussion with Dorin Recean in Brussels, that Moldova would receive 300 million euros in pre-financing from the 1.9 billion-euros Growth Plan “in the immediate future.”

The 1.9 billion Growth Plan is the most extensive support package ever provided to Moldova by the European Union. It includes two essential components: a comprehensive agenda of structural reforms and a substantial package of public investments.