IPS 2 Donors

The project is supported through a multi-donor trust fund financed by Sweden, Switzerland and EU, the grant is administered by the World Bank and is executed by the Ministry of Finance and Economy. The Grant amount results to the original budget of 3,815,107 Euro and the current implementation period of the project was extended until 30 June 2020. A notification letter “Amendment to the Grant Agreement and to the Letter Agreement” date 27.06.2019 was sent by e-mail to CFCU on June 28th, 2019 extending the closing date of the project to 30 June 2020.