At the same time, in 2025, the total commitments from international partners under ongoing foreign aid projects amounted to 3.7 billion euros, which allowed Moldova to rank among the largest recipients of foreign aid per capita in Eastern Europe. These figures are contained in the 2025 foreign aid report prepared by the State Chancellery of Moldova. Thirty-six development partners participated in its preparation, providing information on allocated and disbursed funds. The data was cross-checked against partners' reports, information from international platforms such as the OECD and IATI, as well as data from the national treasury system. However, the document does not include humanitarian aid, donations, sponsorship, or other charitable assistance. The 10% decline in aid reported in the document is primarily attributed to the completion of emergency support packages launched during the 2022–2023 energy crisis, and the transition of a significant portion of the portfolio to the normal implementation phase of multiyear projects. At the same time, international partners committed 3.7 billion euros over the course of the year. The gap between commitments and actual disbursements indicates that a significant portion of external financing is linked to multi-year programs and will be disbursed as project conditions and milestones are met. The breakdown of funds received shows that loans accounted for 737.3 million euros (51.1% of all disbursements). Grants totaled 704.6 million euros (48.9%). The European Union remained Moldova's main external development partner in 2025. Its disbursements totaled 530.9 million euros (36.8% of the total). It was followed by the World Bank—€171 million, the EBRD—€162.4 million, Germany—€111.4 million, and Romania—€86.3 million. Thus, the five largest partners accounted for more than 74% of all disbursements. This indicates a high concentration of external financing: while it facilitates the coordination of large-scale programs, it also creates a dependency on a limited number of key donors. When considering grants alone, the EU was also Moldova's main partner, providing 242 million euros in grants (34.4% of the total amount of grants). Next, by a wide margin, came the German government with 111.4 million euros in grants, followed by Romania with 86.3 million euros in grants and the United States with 45.3 million euros. In the loan segment, the EU was also the main partner, providing 288.9 million euros. This indicates that EU budget support for Moldova was provided primarily in the form of concessional loans. Next were: the EBRD with 162.4 million euros, the World Bank with 148.5 million euros, the French Development Agency with 45.3 million euros, and the EIB with 44.4 million euros. In the case of the IMF, disbursements totaling 141.3 million euros were planned for 2025 from the Resilience and Sustainable Development Fund (RSF), of which 13.6 million euros were actually disbursed. The energy sector received the largest share of external financing in 2025—€459.9 million (31.9% of all disbursements). The funds were provided by 16 major partners. This dominant position reflects the energy security imperative that Moldova faced in early 2025, when Russian natural gas supplies to Transnistria were suddenly cut off. The measures were aimed at purchasing gas for the Transnistrian region, providing compensation to vulnerable households (up to 110 kWh/month), restoring the electricity distribution infrastructure, installing 41,276 smart meters in 21 districts, and connecting the national power grid to the European Network of Transmission System Operators for Electricity (ENTSO-E). The EU alone allocated 235.2 million euros to the energy sector, the EBRD—103 million euros, Germany—34.8 million euros, the French Development Agency—26.3 million euros, the World Bank provided 20.6 million euros, Norway provided 16.6 million euros, Denmark provided 7.8 million euros, the EIB provided 6.7 million euros, and others. The second-largest sector to receive foreign aid was the economy—259.8 million euros (18.02% of the total). Ten partners were involved in providing aid to this sector. The EU provided the economic sector with 107.7 million euros, and the World Bank provided 100.4 million euros. The third-largest sector in terms of volume was education—118.2 million euros (8.2%). Notably, education attracted the largest number of partners—22. The bulk of the funding came from Romania—79.8 million euros. The World Bank provided 15.4 million euros, Norway provided 6.6 million euros, and the EU provided 3.3 million euros. Defense accounted for 90.2 million euros (6.3%). Funding was provided by five partners: Germany—44.4 million euros, the EU—39.2 million euros, the French Development Agency—2.4 million euros, Sweden—2.2 million euros, and the United States—2 million euros. Transportation and infrastructure received 87.9 million euros. The main sources of funding were the EBRD (56.7 million euros) and the EIB (27 million euros). Internal affairs, justice, and good governance together accounted for approximately €165 million (11.4%). Agriculture and the food industry received €47.6 million (3.3%). The environmental protection sector received 45.1 million euros (3.1%), social protection—38 million euros (2.6%), the regional and rural development sector received 21.9 million euros (1.5%), labor and employment received 20 million euros (1.4%), the water supply and sanitation sector—19.2 million euros (1.3%), the digitalization sector—€18.1 million (1.2%), healthcare—€18.1 million (1.2%), culture—€5.4 million (0.4%), the public finance management sector—4.2 million euros (0.3%), and the science and research sector—1.7 million euros (0.1%). // 14.09.2026 — InfoMarket