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1. The Facility shall be supported with resources from the NDICI – Global Europe amounting to EUR 520 million in non-repayable support and a maximum amount of EUR 1 500 million in loans. The amount for loans shall not constitute part of the amount of the External Action Guarantee within the meaning of Article 31(4) of Regulation (EU) 2021/947.

2. The non-repayable financial support shall be financed for the period from 1 January 2025 to 31 December 2027 from the envelope allocated to the Neighbourhood geographic programme under Article 6(2), point (a), of Regulation (EU) 2021/947. It shall cover provisioning for loans amounting to EUR 135 million, support provided by the Union for projects approved under the Neighbourhood Investment Platform, as referred to in Article 18(2) and complementary support, including support to civil society organisations and technical assistance. That funding shall be implemented in accordance with Regulation (EU) 2021/947. Decisions on the release of funds referred to in Article 19(3) for the support in the form of loans shall be adopted in the period from 1 January 2025 to 30 June 2029.

3. The release of the Union’s assistance shall be managed by the Commission in a manner consistent with the key principles and objectives of reforms set out in the Reform Agenda. All funds, with the exception of complementary support referred to in paragraph 2, and resources referred to in paragraph 6, shall be provided in twice-yearly instalments based on the completion of the necessary reforms in the specified timelines as agreed in the Reform Agenda and agreed in the Commission implementing decision.

4. At least 25 % of the loan released to Moldova shall be made available by Moldova to investment projects approved under the Neighbourhood Investment Platform, one of the regional investment platforms referred to in Article 32 of Regulation (EU) 2021/947. The Facility Agreement shall detail this obligation, as well as the detailed rules and principles for its implementation. Failure to comply with this obligation shall trigger suspension of further operations under the Facility and recovery of said amounts from Moldova, as referred to in Article 19 of this Regulation.

5. Complementary support shall correspond to at least 20 % of total non-repayable financial support as referred to in paragraph 2.

6. An amount of up to 1 % of the non-repayable support referred to in paragraph 2 may be used for technical and administrative assistance for the implementation of the Facility, such as preparatory actions, monitoring, control, audit and evaluation activities, which are required for the management of the Facility and the achievement of its objectives, in particular studies, meetings of experts, training, consultations with Moldova’s authorities, conferences, consultation of local authorities, in accordance with Moldova’s national legal framework, and relevant stakeholders, including social partners and civil society organisations, information and communication activities, including inclusive outreach activities, and the communication of the political priorities of the Union, insofar as they are related to the objectives of the Facility, expenses linked to IT networks focusing on information processing and exchange, corporate information technology tools, as well as all other expenditure at headquarters and Union delegation for the administrative and coordination support required for the Facility. Expenses may also cover the costs of activities supporting transparency and of other activities such as the quality control and monitoring of projects or programmes on the ground and the costs of peer counselling and experts for the assessment and implementation of reforms and investments.

7. In order to maximise international support, donors may contribute to the implementation of the Facility through external assigned revenue within the meaning of Article 21(2) of the Financial Regulation.