Moldova, WB Signed Agreement Providing Allocation of Grant US7 mln
OREANDA-NEWS. August 20, 2008. These means will be distributed for overcoming the food crisis in connection with the increase in prices for the food stuffs.
The document was signed by the First Vice-Premier, the Minister of Economy and Trade Igor Dodon and permanent representative of WB in Moldova Melanie Marlette. The decision to allocate these funds to Moldova was taken by WB Board of Directors during the meeting in Washington on August 11, 2008.
Allocated means will be distributed for additional funding of the health services and social assistance project. The grant provides improving nutrition of young mothers and pregnant women, children, as well as distributing cash to social institutions providing nutrition of children, the old and other vulnerable social categories of citizens, as well as compensating the costs due to increasing in prices for the foodstuffs.
WB will provide Moldova with the grant named above within the Global Mechanism of accelerated funding for overcoming food crisis worth US1,2 billion and launched in late May, 2008.
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