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Kosovo : euro 62.5 million for economic reconstruction
The European Commission has approved the
commitment of euro 62.5 million in order to finance an economic reconstruction
programme for Kosovo. The financing proposal is the result of a programming
mission undertaken in September 1999 during which senior representatives
of UNMIK presented their priorities for funding. The projects identified
correspond to the main priorities of UNMIK and are designed to complement
the on-going work of humanitarian agencies and NGO's as well as reconstruction
programmes already underway. The funds will be used for : a public administration
support programme, an infrastructure rehabilitation programme, economic
development e.g. through pilot credit schemes, support for local elections
and support in the setting-up of the Kosovo Protection Corps. The programme
will be implemented by the EC Task Force in Pristina and subsequently by
the Agency for Reconstruction once established and operational. These funds
form part of an indicative budgetary allocation of euro 137 million for
1999 of which euro 52 million have already been committed.