Moldova will receive financial assistance from the World Bank to boost economic opportunities and accelerate its climate transition. Parliament ratified two agreements today between the Republic of Moldova and the World Bank’s lending arms: the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD).
Under the agreements, the IDA will provide a €46.3 million loan as direct budgetary support. Authorities confirmed that the funds will be disbursed in a single installment. The loan has a 25-year maturity period, including a 5-year grace period.
In parallel, the IBRD will offer a €37 million loan and a $8 million grant. The IBRD loan has a maturity of up to 30 years, including a 5-year grace period.
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Both financing packages are contingent on Moldova meeting 11 reform benchmarks aimed at improving the country’s investment climate and economic resilience. These include measures to boost private sector competitiveness, expand access to quality education, improve workforce readiness, strengthen energy security, and promote climate-resilient agriculture.
The support will finance Moldova’s Development Policy Operation for Supporting Economic Opportunities and Climate Transition—a key program aligned with the country’s long-term goals for sustainable development and EU integration.