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Regulation (EU) 2025/535 of the European Parliament and of the Council of 18 March 2025 establishing the Reform and Growth Facility for the Republic of Moldova article 17 CELEX: 32025R0535 Pre-financing
1. Following the submission of the Reform Agenda to the Commission, Moldova may request the release of a pre-financing of up to 18 % of the total amount foreseen under the Facility in accordance with Article 6(1), after deduction of complementary support, including support to civil society organisations and technical assistance, and provisioning for loans. 2. The Commission may release the requested pre-financing after the adoption of its implementing decision referred to in Article 13 and the entry into force of the Facility Agreement and of the loan agreement. The funds shall be released in accordance with Article 19(3), first sentence, and subject to the respect of the preconditions set out in Article 5. 3. The Commission shall decide on the timeframe for the disbursement of the pre-financing, which may be disbursed in one or more tranches. |