The draft law on financing agreement ratification (second additional financing) between Moldova and International Development Association, for the realization of the project “Competitive Agriculture in Moldova”, signed in Chisinau on 8 July 2016, was approved at today’s Government meeting.

The agreement foresees the allocation of a loan of 10 million dollars. Money can be accessed by the agricultors in the country for the increase of competitiveness of agroalimentar sector through the consolidation of the management of food security, increase of lands productivity through durable management.

Also, the sums will be destined for the improvement of projects management and giving compensations for sales increase. The document foresees at the same time the support of the apian sectors and milk collection-procession.

The groups of producers can apply for more consecutive grants, in the limit of the maximum edge of 350,000 US dollars.

The project will be implemented in the period of 1 September 2016 – 30 June 2019.