2023.07.10
On July 10, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of Moldova in Chisinau to provide a Japanese ODA loan of up to 13,500 million yen for the Economic Recovery Development Policy Loan.
This loan will provide budgetary support to the Moldovan government, which is experiencing financial problems as a result of the Russian invasion of neighboring Ukraine. While mitigating the impact of the war on Ukrainian refugees and Moldovan citizens, the loan will also build resilience and enhance competitiveness in order to reduce vulnerabilities to future shocks. In doing so, it will contribute to the promotion of the economic stabilization and development efforts of Moldova, as well as to the achievement of SDGs (Sustainable Development Goals) Goals 1 (No poverty), 8 (Decent work and economic growth), and 16 (Peace, justice and strong institutions).
signing ceremony
Details for the loan are provided below.
| Project title | Amount (million yen) |
Annual interest rate (%) | Repayment period (years) |
Grace period (years) |
Procurement | |
|---|---|---|---|---|---|---|
| Project | Consulting services | |||||
| Economic Recovery Development Policy Loan |
13,500 | TORF+130 | - | 40 | 10 | General untied |
Ministry of Finance
Address: 7, Constantin Tanase Street, MD-2005, Chisinau, Republic of Moldova
Phone: +855-63-963-395
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