The European Union will transfer EUR 20.87 million to support the implementation of “key reforms” in various sectors of the Georgian economy, from economic and business development to rural advances and food safety, the EU Delegation to Georgia has announced.
Supporting development of skills and a reform of the labour market and contributing to regional development and agriculture are also under the scope of the package.
The “non-reimbursable aid” was approved last year in a form of a “budget support”, which is only disbursed when agreed conditions for results are met, the EU Delegation explained. (Agenda/Business World Magazine)
