US to provide nearly $50M in funding to Moldova

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  • 02 November, 2022
  • 16:16
US to provide nearly $50M in funding to Moldova

The United States will provide approximately $50 million in funding to Moldova to purchase electricity and strengthen energy security, USAID Chisinau office said, Report informs.

USAID is working with the Moldovan authorities to adopt an amendment to the existing agreement on development goals. This will allow $30 million from the US budget to be used to cover the cost of electricity purchases.

In addition, it is planned to allocate 19.5 million dollars to strengthen the country's energy security.

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