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Moldova is paying 4.5 million lei for an unused loan intended for border modernisation

The audit identified issues with the implementation of the ‘Modernisation of Infrastructure under the Connecting Europe Facility (CEF)’ project, with a total value of approximately €14.6 million, which is 50 per cent grant-funded and 50 per cent loan-funded.
Svetlana Rudenco Svetlana Rudenco Reading time: 2 minutes
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Leușen border crossing point

Grant agreements for the modernisation of the Leușen, Giurgiulești and Ungheni border crossing points were signed in 2023. In 2024, 56 million lei were received, but only 0.7 million lei were utilised. In 2025, a further 2 million lei were transferred, of which only 0.3 million lei were utilised.

Consequently, no capital expenditure was incurred on the project in 2025, and the cash balance at the end of the year stood at 58.7 million lei. The commission on the unused portion of the loan amounted to 4.5 million lei.

According to the State Tax Service, the loan agreement is to be restructured, and a reallocation of funds under the loan agreement is planned in the near future. The relevant changes will be submitted to Parliament for the approval of amendments.

“But we are paying interest. We need to act very swiftly and efficiently,” said Adrian Lebedinski, Chair of the Public Finance Control Committee, during the consideration of the audit report.

According to the audit, work on developing customs infrastructure at Moldova’s entry points was postponed following the signing of agreements with Romania on coordinated controls at the exit points at Leușen–Albita and Giurgiulești–Galaț. The projects must be rescheduled, and following an external audit of expenditure, their eligibility will be assessed and, where appropriate, the remaining grant funds will be returned.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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