The European Commission began, on Wednesday 5 April, to disburse a second instalment of Macro-Financial Assistance to Moldova, first in the form of grants of up to €10 million and, in early May, through loans of up to €40 million.
This support will help the Moldovan authorities to meet their fiscal commitments and ensure financial stability. According to the Commission, they have complied with the conditions attached to the Macro-Financial Assistance, including better management of public investments, appointments to several anti-corruption bodies and strengthening the Rule of law. And the Moldovan Parliament has legislated to facilitate the recovery of criminal assets.
This second instalment comes after the disbursement in August 2022 of the first one of aid in the framework of a total Macro-Financial Assistance of €150 million (€120 million in loans and €30 million in grants) (see EUROPE 12918/16).
In January, the Commission had proposed a further macroeconomic assistance of €145 million (€100 million in loans and €45 million in grants) (see EUROPE 13106/24). (Original version in French by Mathieu Bion)