First installment of EU's financial support invested in development projects; Moldovan PM's relevant statements

The first installment of the EU’s financial package worth 1.9 billion lei allocated to  Moldova has been directed towards major national and local projects. The funds came two months ago and have been invested in the development of local communities. Prime Minister Dorin Recean made statements to this effect at a broadcast on ONE TV.

“We have the first aid package; it is about these 1.9 billion euros that will specifically go into investments, to create well-paid jobs and increase citizens’ incomes. The funds from the first installment came two months ago and these funds are already in circulation,” said Recean.

The first installment, amounting to 270 million euros, equivalent to over 5.3 billion lei, was deposited into the Finance Ministry's accounts on June 11. The prime minister noted that a part of the funds had been used for additional budget financing, including one billion lei for national and regional roads, half a billion lei for local roads and another half a billion for social and community infrastructure development projects.

“Throughout the country, we have development projects. It is insufficient, even though we have increased the minimum pension two and a half times; we know it is too little compared to what is necessary for the people. That is why, we continue to mobilize financial resources, to bring more money into the economy and for the benefit of the people,” added the prime minister.

Dorin Recean also referred to the support measures for teachers and doctors, such as doubling the number of places in pedagogical fields, as well as one-off  compensations of 200,000 lei for teaching and medical staff who return to work in rural areas.

The PM noted that the EU financial support would help Moldova advance on the European integration path. The prime minister specified that, by the end of this year, Moldova would start the accession negotiations on all six chapters, and till 2028 the country will be ready for the signing of the accession agreement.