Moldova next year aims to obtain external financing for implementing important projects and for supporting the state budget. The draft state budget law approved by the Government projects that 3.992,5bn lei (US$195.7m) will be attracted for implementing projects financed with foreign funds. It is estimated that 3.494,7bn lei (US$166.9m) will come as budget support, IPN reports.

The World Bank will be the Government’s main creditor in 2017, through the International Development Agency, which will release loans to the value of 1.707,4m lei (US$83.7m). This is about 21.7% of the total external state loans.

The European Commission will offer 924m lei (US$45.3m) in macro-financial assistance. This is 12.5% of the total external state loans.

The Romanian Government’s financing will total 1.155m lei (US$56.6m) or 15.6%.

The European Investment Bank will provide 1.263,9bn lei (US$62m) to Moldova, which is 17.1% of all the foreign loans.

Also, the International Monetary Fund will offer financing in the form of state loans (under EEF/ECF facilities) to the value of 542.6m lei (US$26.6m).