Moldova will invest $40 million in an emergency warning system with a World Bank loan

Moldova will enhance its emergency warning and disaster response system with a $40 million loan from the World Bank. The funds will strengthen national preparedness by implementing modern warning technology, upgrading response capabilities, and improving disaster risk assessments.

Key Allocations of the Loan:

$5 million – Development of a public warning system, enabling real-time emergency alerts via mobile phones

$22.5 million – purchase of emergency response vehicles and search-and-rescue equipment

$1.5 million – Community emergency preparedness programs

$6 million – Modernization of hydrometeorological observation systems, including new forecasting tools

$2 million – Development of seismic and disaster risk mapping for residential and public buildings

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Loan Terms & Project Timeline

Repayment period: 30 years, with a five-year grace period

Repayment frequency: Every six months

Implementation period: Five years

Moldova’s Parliament has ratified the agreement in the first reading, with a second reading pending.

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