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THE EU APPROVES A NEW PACKAGE OF BUDGET ASSISTANCE TO THE REPUBLIC OF MOLDOVA TO SUPPORT RULE OF LAW AND RURAL DEVELOPMENT REFORMS

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Published on: 31-10-2019 Back


 The European Commission has approved the disbursement of almost €25 million in budget support
 assistance to the Republic of Moldova to help the government deliver key reforms for the benefit of
 Moldovan citizens in the areas of policing, the fight against corruption and money laundering, agriculture
 and rural development.
 
 This new payment follows two budget support payments made in July (€14,54 million) and on 18
 October (€14,35 million), the recently announced first instalment of Macro-Financial Assistance (€30
 million), the EU-Moldova Association Council, that took place on 30 September and High
 Representative/Vice-President Mogherini's visit to the country on 3 October.

 To recall, the Commission resumed its budget support to the Republic of Moldova in July, following a nearly two-year period during which such payments had been put on hold due to a deterioration of the rule of law situation in the country. Following the change of government in June, the Moldovan authorities have engaged in a significant and substantial structural reform process, which has allowed the EU to resume its budget support and macro-financial assistance to the Republic of Moldova.

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