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EU contributes EUR7 million to Kyrgyz state budget.

The European Union on Thursday has disbursed E7 million to the state budget of the Kyrgyz Republic. This financial support was disbursed in the framework of the "Sector Policy Support Programme, Social Sector - Kyrgyzstan 2010", the EU Delegation to the Kyrgyz Republic said. The overall amount of the programme is E12.25 million to be disbursed during 2011 and 2012 fiscal years which is subject to the fulfillment of conditions related to reform in the targeted sectors. With this contribution under the Sector Policy Support Programme, the European Union continues to support state budget of the Kyrgyz Republic providing grant resources since 1996. This assistance targets social reform and public finance management measures. It makes the EU one of the leading donors in this type of assistance in the Kyrgyz Republic. The Sector Policy Support Programme promotes reforms in social protection, particularly targeting the social benefits system; child protection, including the establishment of regional Family and Children Support Departments; and public finance management, prioritizing the improvement of internal audit and control systems, and the Medium Term Budget Framework.

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Publication:AKIpress News Agency
Date:Dec 27, 2011
Words:191
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