A significant portion of the €1.9 billion pledged by the European Union under the Economic Growth Plan will support local entrepreneurs. Minister of Economic Development and Digitalization Doina Nistor confirmed that these funds will boost the budget of the Organization for Entrepreneurship Development (OED), which she described as “the main tool through which the state supports small and medium-sized enterprises.”
“We will offer much greater support to economic agents through the OED. It is our most important vehicle for supporting small and medium-sized enterprises. We aim to boost support for businesses led by women and young entrepreneurs. We already offer over one billion lei in support through the OED. This support will increase—this year alone, we added 200 million lei to the OED budget to expand our support programs,” said Doina Nistor on the TV8 program Cutia Neagra.
The remaining funds will finance critical investments in infrastructure, education, and digitalization to modernize living conditions and stimulate the national economy.
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“When we talk about the Growth Plan, we also refer to road infrastructure, schools, hospitals, investments in universities, and digital infrastructure. All these investments will help us build a more developed social infrastructure, which is essential not only for citizens but also for the business community. Companies need roads, and employees need rural infrastructure to stay there,” Nistor explained.
She emphasized that the EU offered the loan on favorable terms to accelerate essential development investments.
“The loan’s interest rate is very favorable for the Republic of Moldova, and it’s a long-term credit. Many countries take this step because we need the money now—we want to invest it today, not in 10 or 20 years,” the Economic Development Minister pointed out.
The European Parliament approved Moldova’s Economic Growth Plan on March 11, 2025, and allocated 18% of the total—€315 million—as pre-financing.