Economic Growth Plan: maximum funding for Moldova set for 2027–2028, Gherasimov
Moldova continues to attract significant European funds through the European Economic Growth Plan, with the amount disbursed depending on the pace of reforms. Cristina Gherasimov, the Deputy Prime Minister for European Integration, announced that a tranche of 189 million euros from the overall 1.9 billion euros plan provided by the European Union was granted after the authorities implemented most of the reforms scheduled for the second half of 2025.
In the coming period, authorities must complete a new set of reforms, with the most complex ones expected to take place between 2027 and 2028, coinciding with the end of funding when the largest amounts will be granted.
Cristina Gherasimov stated, “The Republic of Moldova, among all the countries with an Economic Growth Plan, has the highest rate of implementation of these reforms. We are not merely among the highest-rated countries; we are the leader in this regard. We, as the Government, have declared that implementing the proposed reforms is our number one priority. We do not just mark them off a list; we aim to execute them effectively so that, following the Commission's assessment, we receive the entire amount planned for disbursement.” This statement was made during the April 6 edition of the "La 360 de grade" show on Radio Moldova.
Regarding fund usage, Gherasimov emphasized that the Republic of Moldova must accelerate its absorption of these funds by 2028, when new European resources will be available under the next multiannual budget of the European Union.
To enhance the ability to attract European funds, authorities have established a specialized structure within the State Chancellery. This structure is designed to assist both central institutions and local authorities in accessing these funds.
“From 2028 onwards, the Republic of Moldova will have access to a new financial instalment as part of the pre-accession funds. It is crucial that we absorb as much as possible by 2028 because even more funds will be available to us starting then,” Gherasimov declared.
We remind you that the funds from the European Union Growth Plan for the Republic of Moldova, totaling 1.885 billion euros, will reach the state budget in the form of concessional loans and non-repayable grants. However, their use is strictly conditional on reforms and investment projects with economic impact.
According to authorities in Chisinau, these funds cannot be used for salaries or pensions; they are intended solely for infrastructure, co-financing major projects, and strengthening public institutions.
