USA to Provide Additional USD10 mn Grant to Moldova
OREANDA-NEWS. August 19, 2011. It is stipulated by the amendments to the Moldovan-American inter-governmental agreement on assistance to foster economic growth signed on July 6, 2010, that are planned to be signed soon by governments of Moldova and the USA.
The additional grant’s resources are to be used by Moldova’s authorities to support the current policies, the legislation and administrative practices concerning support to private sector’s development on the internal and external levels, to help enterprises extend their presence on the internal and external markets by raising their productivity, to implement modern technologies and marketing policies.
The total amount of the gratuitous financial aid provided by the USA to Moldova to foster economic growth with this additional grant will increase to USD 20.45 mln. The amount of the first grant was USD 10.11 mln.
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