World Bank Will Grant Credit of USD25 mn to Moldova
OREANDA-NEWS. August 05, 2010. The document stipulates appropriation of 16,6 million special drawing rights (SDR) (about USD25 million) for a term of 20 years with a 10-year respite under 0,75% per annum.
These funds will be spent to support the short-term policies of the Moldavian Government, stipulated by the Economy Restoration and Stabilization Program by means of covering the priority expenses for economic restoration and social protection, laying of the basis for the further economic growth in post-crisis period, particularly, by means of export and private investments promotion.
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