Economic

Moldova announces 8 billion lei for infrastructure and social support

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Sursa: Imagine-siumbol

Prime Minister Dorin Recean announced that approximately 8 billion lei (~$445,000,000) will be allocated this year for strategic investments and social measures.

The funds are allocated in the PLUS Budget, which is scheduled to be approved by both the Government and the Parliament. According to the Prime Minister, the funds will be directed toward two main areas: the energy package and the economic development package.

"The PLUS Budget is the largest financial package ever allocated by the Government of the Republic of Moldova for investments and economic growth. This means approximately 8 billion lei will be allocated to two main areas: 1) the energy package, and 2) the economic development package," said Prime Minister Dorin Recean during a press conference.

Investments outlined in the PLUS Budget include:

"Additionally, through the Fălciu point, we are resuming train traffic after 30 years and opening a new connection for our goods to Romania and the European Union, equivalent to 13,000 trucks that currently travel on national roads, eroding them and often causing long queues at customs," explained Recean.

In addition to investments, the energy package will cover:

"This budget allocation is only possible thanks to the support of our partners – referring to the European Union and its member states. The funds provided by the European Union – free financial support – allow us to offer significant compensation for electricity and heating bills," emphasized Dorin Recean.

Doina Gherman, the Vice President of Parliament, added that this budget focuses on "repaired roads, modernized localities, motivated young people staying home, and entrepreneurs who will benefit from government financial support."

Translation by Iurie Tataru

Bogdan Nigai

Bogdan Nigai

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