On Friday, the United States plans to announce $250 million in aid to strengthen Ukraine’s energy infrastructure in the face of Russian attacks and $300 million for Moldova.
Made in part to help Chisinau get rid of its energy dependence on Russia, mybusiness.md reported, citing reuters.com
The assistance described in the draft documents seen by Reuters is expected to be announced by US Agency for International Development Administrator Samantha Power on the anniversary of Russia’s invasion of Ukraine.
According to the draft document, the $300 million for Moldova includes $80 million for budget support to offset high electricity prices, $135 million for power generation projects and $85 million to improve its ability to obtain energy from alternative sources.
“This assistance will help Moldova meet the immediate needs caused by (Russian President Vladimir) Putin’s war, as well as achieve long-term energy sustainability and closer ties with Europe,” the document said.