Georgian budget receives 13 million euros from EU

 

The European Commission has granted Georgia 13 million euros within the program of macrofinancial assistance. The first tranch includes a loan of 10 million euros which will soon be granted, Interfax-Azerbaijan reports.The second tranch will total 23 million euros. It will be sent in mid-2015.The financial assistance of 46 million euros will strengthen the Georgian balance of payments and budget, economic reforms and integration process with the EU.

 

The European Commission has granted Georgia 13 million euros within the program of macrofinancial assistance. The first tranch includes a loan of 10 million euros which will soon be granted, Interfax-Azerbaijan reports.

The second tranch will total 23 million euros. It will be sent in mid-2015.

The financial assistance of 46 million euros will strengthen the Georgian balance of payments and budget, economic reforms and integration process with the EU.