Small and medium-sized enterprises can request compensation for interest on loans in lei received in the last 5 months of 2022.
The head of the Ministry of Economy and Infrastructure, Dumitru Alaiba, and the director of the Organization for the Development of Entrepreneurship (ODA), Dumitru Pintea, during a press conference on Tuesday, announced the launch of a mechanism for compensating interest on bank and / or non-bank investment loans. Compensation can be requested by small and medium-sized enterprises that, as of August 1, had active loans / credits in national currency received from commercial banks, non-bank credit institutions or savings and loan associations, provided that the financing is issued in national currency and the lender classified the loan as "standard", "supervised", or "substandard". The program will partially compensate for interest on loans paid to SMEs in the period from August 1 to December 31, 2022, namely 2 p.p. from the interest rate paid by the SME to the lender. Compensation will be provided based on the application of a potential beneficiary, its amount will be calculated according to a special formula, with up to 300 thousand lei provided for one recipient during the entire compensation period. SMEs from the following sectors can become beneficiaries: agriculture, forestry and fish farming; extractive industry; processing industry; production and supply of electricity and heat, gas and water, air conditioning; water supply, waste treatment, restoration work; accommodation and catering activities; information and communication; education; health care and social protection. As Dumitru Pintea clarified, you can apply for participation in this program online (compensatii.oda.md) using an electronic signature. The ODA website provides detailed instructions and a list of documents that must be attached to the application. Applications for compensation of interest on loans can be submitted until the end of February 2023. Recall that 200 million lei from the ODA resources were allocated to support SMEs through partial compensation of interest on loans. The compensation mechanism aims to support SMEs and mitigate shocks from higher interest rates on loans.//22.11.2022 — InfoMarket.
