The World Bank’s Board of Executive Directors has approved a USD 250 million Growth and Resilience Development Policy Loan for the Republic of Moldova, the first of two operations intended to support competitiveness, job creation, market efficiency and transparency, and closer economic integration with the European Union. The loan is designed to help Moldova strengthen resilience to future shocks and support its EU accession path, complementing the EU’s Growth and Reform Plan for Moldova and aligning with the World Bank Group Country Partnership Framework. The reforms backed by the loan include more competitive and sustainable public procurement, simplified business registration, and banking sector measures to promote innovation, strengthen consumer protection, and expand sustainable finance in line with EU taxonomy standards. The program also supports wider access to early childhood education, formalization of temporary workers, integration into EU electricity markets, more efficient district heating, and the incorporation of resilience into Trans-European Transport Network corridor development. The operation builds on prior development policy loans and close cooperation with the European Union and the International Monetary Fund.