EBRD Will Provide Moldova US15 mln Financial Aid
OREANDA-NEWS. November 01, 2008. EBRD will provide Moldova with the financial aid at a rate of US 15 million for implementation of the projects in agro-business field.
As the head of EBRD representation in Moldova has informed, besides this loan, EBRD will provide Moldova with the technical support for implementation of these projects.
According to Libor Krkoska, EBRD will continue to provide Moldova with the financial aid for economic development, and continuation of the projects launched by the government of Moldova in the fields of private and banking sector. EBRD mainly provides loans to financial-bank, trade, infrastructure and water supply systems sectors.
It is planned that in 2008 the volume of financial aid allocated to Moldova will reach 100 million euros and will triple in comparison with the previous year.