Moldova parliament to receive 37.3 mln euro loan from World Bank

BUCHAREST, July 31, 2024 (Xinhua) -- Moldova is set to receive a loan worth 37.3 million euros for budgetary support from the World Bank, the country's parliament said after ratifying the agreement on Wednesday.

The World Bank will also supply Moldova with a grant worth 5 million U.S. dollars. The loan and grant will be paid out in one installment.

The loan has a 29-year maturity and a nine-year grace per