VIDEO Prime Minister launched video explaining Moldova's Growth Plan

Moldova's Growth Plan includes an ambitious agenda for modernizing institutions across all sectors and investments that will develop the national economy and improve people's quality of life. "Moldova can!" Prime Minister Dorin Recean said about the document signed today in Chișinău.



Prime Minister Dorin Recean and EU Commissioner for Enlargement Marta Kos signed a Facility Agreement between the European Commission and the Government of the Republic of Moldova on the specific application methods of EU support within the reform and growth mechanism for the Republic of Moldova on 9 May.

The agreement was signed in the presence of President Maia Sandu and Speaker Igor Grosu. The signing of the document is of historic importance and confirms European support and solidarity for the Republic of Moldova, Dorin Recean and Marta Kos emphasized during the joint conference held after the signing of the document.


"Chișinău and European Union have signed a fundamental document for improving the standard of living in the Republic of Moldova - the Growth Plan Agreement. Through the Growth Plan, the EU provides us with unprecedented financial aid for development, and we, the institutions of the Republic of Moldova are committed to raising living standards, modernizing institutions and making investments to ensure economic growth. We have signed a historic investment agreement in the future of the Republic of Moldova, which demonstrates that we are not just hoping to join the EU; we are in the midst of the accession process and have the confidence of our European partners that we will succeed," Dorin Recean said.


For her part, Marta Kos emphasized that the agreement for the Growth Plan is truly an expression of the EU's trust in the Republic of Moldova and European path.


"This is also our investment in a future EU member. This is the project we are all working on. Indeed, this Growth Plan with 1.9 billion lei offers opportunities for reforms and growth. Why are we doing this? Because we want to achieve substantial growth to make foreign investments and to achieve a high standard of living for your citizens. It is not just a paper, a document; it is an investment in your citizens and in all sectors," said Marta Kos.


The Economic Growth Plan for the Republic of Moldova was announced in October 2024 by President of the European Commission Ursula von der Leyen. The document received political support from the European Parliament.

At the 7 May meeting, the Government approved the Reform Agenda, which underpins Moldova's Growth Plan and will provide access to 1.9 billion euros of financial support from the European Union. According to authorities, the reform agenda and investments will lead to a robust economy, higher wages and a higher quality of life.

Authorities estimate that implementing this plan will generate an annual economic growth of at least 5%. Moreover, the Economic Growth Plan will contribute to preparing the Republic of Moldova for European Union membership and for absorbing pre-accession funds, which will be budgeted in the new European financial cycle 2028-2034.