Moldova will receive €21.5m from EU in budget support

By the end of this year, the Republic of Moldova will receive €21.5 million in budget support from the European Union. The money will be allocated following the measures taken to liberalize visas, trade, public finances and within the police reform, Minister of Finance Octavian Armasu announced in the weekly briefing of the PDM, IPN reports.

According to the minister, the measures were implemented in 2016 and were assessed by the EU this year. As a result, €21.5 million in budget support is to be allocated by this yearned. “This financing is welcome for our country, for the citizens. The Government did its job and met the conditions for receiving the budget support next month. It will do its job next year too so as to fulfill the conditions for receiving macro-financial assistance,” stated Octavian Armasu.

The minister noted that the previous governments received money in advance from the European partners and it later became known that the tasks weren’t every time carried out. The current government obtains results first and will then get money. “We will achieve results first and will have a technical and pragmatic approach, not a political one, even if an electoral year is coming,” he stated.

Asked about the €100 million in macro-financial assistance, Octavian Armasu assured that all the measures planned to be taken for the first tranche to be disbursed will be implemented by this yearend. Later, a team of EU evaluators will be invited to Chisinau. The authorities set the objective of obtaining the first tranche in the first quarter of next year.

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