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Home News Latest U.S. gives Moldova a loan of 10.1 million dollars to implement measures of economic growth
U.S. gives Moldova a loan of 10.1 million dollars to implement measures of economic growth PDF Print E-mail
Written by Darii Sined   
Tuesday, 06 July 2010 21:45
The U.S. government offer Moldova a loan of 10.1 million dollars, money will be used to implement the economic growth, according Jurnal.md, said.
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U.S. officials have expressed hope that the Moldovan Government will be able to use this money effectively. The agreement was signed on Tuesday by Prime Filat Chisinau and U.S. Ambassador to Moldova Asif J. Chaudhry. Under the bilateral agreement for economic growth in the $ 10 million - 8.8 million private sector concerns, and the remaining funding of economic opportunities.

The areas covered are increasing the competitiveness of agricultural products for export, developing IT sector and the wine industry, small businesses increase productivity, helping low-income households, especially among vulnerable groups.

Some of these funds will reach the Transnistrian region, and the criteria for allocating the money will be announced later.

Earlier this year, a delegation of Moldova visited the U.S., and the last two months the U.S. has signed the Compact Programme of the Millennium Challenge Corporation, "Memorandum of Cooperation between Moldova and North Carolina, to facilitate understanding visa regime, which came into force on 4 June.
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