The negotiations on the provision of a loan held by the Moldovan authorities with the Government of Russia are expected to be finished this week. The first tranche of €200 million is to be disbursed at the start of April, Prime Minster Ion Chicu stated after the meeting of senior state officials, IPN reports.
 
“The first tranche that we think can be used in 2020 is of €200 million. The loan is repayable in ten years at an interest rate of about 2%. We will be having discussions until the end of this week. I think the money will come in the first half of April,” stated Premier Chicu.

The €200 million will go to repair about 250 km of roads.

A sum approximately 7 billion lei was earmarked to repair national roads this year.

At the end of last November, President Igor Dodon said the Republic of Moldova intends to raise a loan of €500 million from the Russian Federation for the purpose of investing it in infrastructure projects.