Moldova to receive US grant, EU loan for roads, agriculture
During the next five years, the US government will give Moldova 262m dollars under the Compact programme, the Moldovan news agency Infotag reported on 2 December.
Speaking at a briefing held jointly with Moldovan Prime Minister Vlad Filat, US ambassador to Moldova Asif J. Chaudhry said that 133m would be used to renovate roads and 102m dollars to implement modern irrigation systems in the agricultural sector. The grant will be given in tranches during the next five years.
In another report Infotag reported that the EU has given Moldova the first 15m-euro tranche from a 45m-euro loan which is to be received by Moldova in 2009-12. The funds will be used to implement water supply and sewerage projects.
Infotag
Tags :
Eu, USA, MCC, Loan, Roads, Vlad Filat, Asif Chaudhry, Irrigation Systems, Agricultural Sector
- Moldova gets financial support from the UN for 2013-2017
- Moldova is among the countries with a low external debt
- Moldova gets 13 million euro from EU for the Transnistrian region
- No More Work Restrictions for Romanians in Italy and Island
- Moldova to resume gas talks with Gazprom after decision on EU Energy Package III
- Global Prosperity Index: U.S. behind China in economic rankings
- HARP: A new way forward on housing in the United States?
- European Crisis: Precise Solutions in an Imprecise Reality
- Default in the Eurozone - the impact for the Transatlantic economy
- WikiLeaks to sue Visa, Mastercard
- Asia, US helps Mercedes Benz sales hit record high in 2006
- Cricova: The Largest Underground Wine Cellar in the World
- What does Remortgage mean?
- Dutch bear profit rises 26 percent
- Foreign direct investment in India doubles during 2006
- Greece: Socialist government's budget deficit of 12.5% caused debt crisis
- Toyota in talks to build new China plant
- Walt Disney profit up 39 percent
- DaimlerChrysler is not planning to manufacture trucks in India