Investment and development projects financed by the state

The Ministry of Economy (ME) and the Organization for the Development of Small and Medium Businesses (ODIMM) support the development of the local business environment. In the first quarter of 2022 alone, 32 million lei were allocated to local entrepreneurs, through state programs managed by ODIMM, writes Bani.md.

Therefore, in the first three months of this year, 212 investment and business expansion projects were supported. Also, since the beginning of December, 308 contracts have been approved and concluded with entrepreneurs from the Republic of Moldova. The value of the contracts is 61 million lei and will generate investments of at least 120 million lei in the national economy.

Regarding the financial guarantees, in the first quarter of 2022, through the Credit Guarantee Fund, 134 financial guarantees were issued in the amount of 109 million lei, which provide collateral for a loan portfolio worth 286 million lei.

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