Moldova to receive $24M on rural and agricultural development

Moldova will receive nearly 24 million dollars for the development of rural settlements and agriculture. This financial resource will be allocated by the International Fund for Agricultural Development and the Fiduciary Fund of the Small Producer Adaptation 

This agreement was ratified by Moldovan Parliament.

$5.5 million will be awarded as a grant, the rest - as a credit.

The project envisages the construction of 24 water supply systems for irrigation, which will benefit 75 agricultural producers.

And for crop cultivation on irrigated surfaces, over 700 jobs will be created. Likewise, 12 road segments will be rehabilitated to facilitate farmers' access to production areas.

In addition, 420 farmers will benefit from grants to implement measures against climate change.

 

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