{"id":251632,"date":"2008-05-29T23:19:00","date_gmt":"2008-05-29T23:19:00","guid":{"rendered":"http:\/\/new.moldova.org\/2008\/05\/29\/moldova-will-sign-three-lending-agreements-worth-30m-with-ida-123166-eng\/"},"modified":"2008-05-29T23:19:00","modified_gmt":"2008-05-29T23:19:00","slug":"moldova-will-sign-three-lending-agreements-worth-30m-with-ida-123166-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/moldova-will-sign-three-lending-agreements-worth-30m-with-ida-123166-eng\/","title":{"rendered":"Moldova will sign three lending agreements worth $30m with IDA"},"content":{"rendered":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

The Government of Moldova will sing three lending agreements worth a total of 30 million with the International Development Association (IDA) early in June. At Wednesday’s meeting, the Government decided that the agreements will be initialed by Minister of Finance Mariana Durlesteanu. <\/p>\n

The credits are targeted at bolstering efforts of projects that are already working to help farmers be more competitive, to improve access to clean water and sanitation services and to support reforms to make government more efficient and effective. <\/p>\n

Additional financing for Rural Investment & Services Project 2 was approved in the amount of US$6 million. The World Bank is also supporting the Government of Moldova through the National Water Supply & Sanitation Program with an IDA credit of US$14 million. Moldovan will also benefit from a US$10 million IDA credit to support the Second Poverty Reduction Support Credit (PRSC2) which will strengthen and deepen the reform efforts supported by the first PRSC. <\/p>\n

All three credits are offered on standard IDA terms, with 40-years maturity and a 10-year grace period \/\/ Reporter.MD<\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>The Government of Moldova will sing three lending agreements worth a total of 30 million with the International Development Association (IDA)<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-251632","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

The Government of Moldova will sing three lending agreements worth a total of 30 million with the International Development Association (IDA) early in June. At Wednesday’s meeting, the Government decided that the agreements will be initialed by Minister of Finance Mariana Durlesteanu. <\/p>\n

The credits are targeted at bolstering efforts of projects that are already working to help farmers be more competitive, to improve access to clean water and sanitation services and to support reforms to make government more efficient and effective. <\/p>\n

Additional financing for Rural Investment & Services Project 2 was approved in the amount of US$6 million. The World Bank is also supporting the Government of Moldova through the National Water Supply & Sanitation Program with an IDA credit of US$14 million. Moldovan will also benefit from a US$10 million IDA credit to support the Second Poverty Reduction Support Credit (PRSC2) which will strengthen and deepen the reform efforts supported by the first PRSC. <\/p>\n

All three credits are offered on standard IDA terms, with 40-years maturity and a 10-year grace period \/\/ Reporter.MD<\/p>\n

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