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EU Transfers Third Tranche for Georgia’s State Finance System Reformation

European Union (EU) has transferred the third tranche of 4.55m EUR to Georgia as part of the program for reformation of the state finance system of Georgia. The funds were remitted to the state budget at the end of 2009, the EU Office in Georgia says.

Under the EU decision, Georgia will receive total of 15m EUR for the program implementation in 2007-2010. Georgia will also receive 1m EUR in addition for technical issues.