(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 30. The EU has doubled
the volume of macro-financial assistance to Moldova, providing
almost 300 million euros, the European Council said in the
statement, trend reports.
According to the statement, in April 2022, the Council adopted a
law that allows the EU to provide financial assistance to Moldova
in the amount of 150 million euros.
Today, the Council has increased this amount by 145 million
euros, which means that the total amount of assistance to Moldova
will reach 295 million euros.
The document also explains that the EU's macro-financial
assistance is aimed at supporting economic stabilization and
structural reform programs in Moldova, complementing the resources
provided under the financial agreement with the IMF (the
International Monetary Fund).
MENAFN30052023000187011040ID1106359035
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.