Finances

​MOLDOVA HOPES POLAND WILL EXTEND TERM OF 100 MILLION EUROS CREDIT USE

01 september, 2016

The Ministry of Finance has great expectations that the Polish Government will take a positive decision in relation to Moldovan Government’s inquiry to extend the term of using credit worth 100 million euros.

In an interview to Infotag, Minister of Finance Anatol Arapu expressed satisfaction with the fact that due to rational position of several structures in the Moldovan state, the Ministry managed to avoid risks that could have transformed the country into a bad bank.

“The most important is that we found a solution that will be convenient for everyone: entrepreneurs, the state and the Polish side. We are close to approving a new operational regulation within which entrepreneurs can obtain loans from the Polish credit in Moldovan banks at good conditions”, Armasu said.

According to the Minister, the extension of the term of implementing the Polish soft loan worth 100 million euros will transform it into an instrument for stimulating economic growth in Moldova.

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