ORDER MINISTRY OF FINANCE OF THE REPUBLIC OF MOLDOVA

of May 20, 2020 No. 66

About approval of the Regulations on procedure for subsidizing of interest rates for the bank and/or non-bank loans under the agreements signed during the period from May 1, 2020 to May 31, 2021

According to Art. 7 of the Law No. 60 of April 23, 2020 on organization of some measures of support of business activity and about modification of some regulations (Monitorul Oficial al Republicii Moldova No. 108-109 (7437-7438) of April 25 2020), and also items 12 and 13 of the Order of the Commission on emergency situations of the Republic of Moldova No. 2 of April 8, 2021. I order:

1. Approve Regulations on subsidizing of interest rates for the bank and/or non-bank loans under the agreements signed during the period from May 1, 2020 to May 31, 2021 according to appendix to this order.

2. This order becomes effective from the date of publication in Monitorul Oficial al Republicii Moldova.

Appendix

to the Order of the Ministry of Finance of the Republic of Moldova of May 20, 2020 No. 66

Regulations on subsidizing of interest rates on bank and/or non-bank to the credits under the agreements signed during the period from May 1, 2020 to May 31, 2021

I. General provisions

1. This Provision establishes procedure for subsidizing of the interest rates paid till December, 2020 inclusive for the bank and/or non-bank loans under the agreements signed during the period from May 1, 2020 to May 31, 2021 regardless of the term of their expiration. For agricultural producers, victims of natural disasters, subsidy payment is performed for the percent paid since May 1, 2020 till December, 2020 inclusive.

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