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EU allocates Georgia EUR 43.5 mln2010-07-14 11:46
Georgia and the EU signed an agreement on allocating EUR 43.5 mln of financial aid. According to the Ministry of Finance of Georgia, the ceremony was held last evening in Rustavi. The agreement was signed in the framework of the third part of the action plan of special events program for assisting internally displaced persons - Georgia Times correspondent.gt-en-newsitem-inside
From the Georgian side the document was inked by Kakha Baindurashvili, the Minister of Finance, and Koba Subeliani, the Minister for Resettlement of IDPs and Refugees; from the EU side - by Per Eklund, the EU envoy to Georgia.
Financial aid will be spent on improving dwelling conditions for up to 5 000 families of refugees. Half of the sum is needed for rehabilitation of refugee centres and building new flats; EUR 10 mln is needed for construction and rehabilitation of infrastructure - schools, hospitals, roads; EUR 5 mln - for development of private sector in regions where refugees are settled.
Baindurashvili stated that aid from the EU is a part of these USD 4.5 bn, promised to Georgia at the conference of donors in Brussels in October 2008.
"We've already received USD 100 mln in the line of improving living conditions of refugees. Before the end of the year we'll sign the agreement on allocating USD 20-30 mln. The promise, made to Georgia by the world community in October 2008, is being fulfilled," the Minister said.