Economic

Energy sector in the Republic of Moldova will be modernized with the financial support of the French Development Agency

The Republic of Moldova will benefit from a 25 million euro loan and a 1.2 million euro grant from the French Development Agency (AFD). According to the Legislative, the money will be granted for the modernization of the energy sector. The credit facilitation agreement between our country and AFD was ratified by Parliament.

The maturity of the loan is 15 years, including the five-year grace period. The loan will be repaid semi-annually, in 20 equal installments. The money is intended for the implementation of reforms in the field of energy infrastructure, energy efficiency, renewable energy, consumer protection and the environment.

It should be noted that previously, the French Development Agency also granted our country financial support of 40 million euros. The support came after, in 2023, the Memorandum of Understanding "Green Reform for Moldova" was signed.

Read more

LIVE // Parliament met in session: Energy compensations will be granted in the form of monetary payment
Political
Video

LIVE // Parliament met in session: Energy compensations will be granted in the form of monetary payment

The Parliament of the Republic of Moldova met in plenary session. 26 projects are included in the agenda. Among them is the project to amend the Law on the Energy Vulnerability Reduction Fund, which provides for new compensation mechanisms for citizens affected by high energy costs.

Bogdan Nigai Bogdan Nigai

Bogdan Nigai

Igor Grosu on potential Government reshuffles: "The area that has affected us the most is justice"
Political

Igor Grosu on potential Government reshuffles: "The area that has affected us the most is justice"

Government reshuffles are necessary and will particularly focus on justice field, said the Parliament Speaker Igor Grosu during a show on ProTV. He refrained from naming the ministers who will be dismissed but he said that the changes will only affect the level of ministries, and Prime Minister Dorin Recean will continue to lead the Executive.

46 schools in the country will be energetically renovated with the support of the World Bank
Social

46 schools in the country will be energetically renovated with the support of the World Bank

The International Bank for Reconstruction and Development (IBRD) will finance the energy renovation of 46 schools throughout the country, as well as the modernization of the centralized thermal energy supply system in the municipality of Chisinau. The Parliament ratified the Loan Agreement between our country and the IBRD in order to implement the "Sustainable transition through energy efficiency in Moldova" project.