Pare 1+1 – National Program on Attracting Remittances into the Economy
PARE was launched in 2010 and it is designed to attract remittances into the economy through the mobilisation of migrants’ savings, stimulating SME development, and supporting job creation especially at the local level. Every Leu invested from remittances was matched with a Leu from PARE. It supported and co-financed about 1623 business initiatives.
Sector
- Finance
- Local development
- Remittances
- Entrepreneurship