Activity under preparation Multi-sectorial budget support

About this project

This action contributes to achieving¿results under MIP 2021-2027, priority area 1: Resilient, sustainable and integrated economy. It represents the second part of the Annual Action Plan in favour of the Republic of Moldova for 2024.  This action will strengthen the resilience of the Republic of Moldova (hereinafter Moldova) in a still complex geopolitical context while promoting an accession-oriented reform agenda and key priorities from the National Development Strategy ¿European Moldova 2030¿. The budget support programme targets key reform priorities of the latter strategy as well as the Moldova Economic Growth Plan, currently under development, via three components: 1) energy security (EUR 30 million), 2) human development, skills and employment (EUR 14 million), and 3) innovative agriculture (EUR 20 million).   The proposed action will seek to maintain reform momentum in the energy sector, strengthening the energy security and independence of the country, further contributing to market reforms and strengthening the use of renewables, while contributing to the flagship on energy of the Economic and Investment Plan (EIP). In what concerns human development and skills, despite large investments in the education system, the mismatch between the skills of the workforce and the demands of the employers is often pointed as a cause for the low participation rate on the labour market. Workforce participation remains below that in the EU.  Social reform i…

Goals

Sustainable Development Goals this project works towards

• 17Partnerships for the Goals

Published by

European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations · Other public sector

Countries

Moldova

Sectors

Agricultural extensionAgricultural policy and administrative managementAdvanced technical and managerial trainingEnergy generation, renewable sources - multiple technologiesAgricultural developmentEmployment creation

Focus

Gender equality · Also contributesEnvironment · Also contributesGood governance · Also contributesClimate mitigation · Also contributesClimate adaptation · Also contributesDisability inclusion · Also contributes

Published by European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations to the International Aid Transparency Initiative (IATI), last updated 30 Jan 2025 and imported automatically. IATI identifier: XI-IATI-EC_NEAR-2021-ACT-62648.

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