USAID Poured Millions in Bulgaria and Romania
USAID Poured Millions in Bulgaria and Romania
Standart daily /Standart newspaper December 17, 2007
As Bulgaria and Romania acceded to the EU, the American USAID finished its 17-year-long activity in the two countries. During these years USAID invested US$ 600 million into each country for the establishment of NGOs, market liberalization, etc. USAID allotted over US $ 100 million in loans to small business in Romania that generated over 100 000 jobs. Romanian representatives would often mention the agency's programmes in Bulgaria, always in a positive tone. "Bulgaria has very good family planning programmes, perhaps the best on the Balkans," said Dr Merce Gasco from the Romanian Family Planning Institute. USAID will pursue its activities via the Black Sea Trust (BST) for regional development, the main seat of which is in Bucharest. This is the latest initiative of the German Marshal Fund. With a budget of US$ 3 million a year the trust will keep on providing assistance at local level implementing non-governmental projects. The accent has shifted towards the countries from the Black Sea region that now, apart from Bulgaria and Romania, include also Ukraine, Moldova, Azerbaijan, Georgia and Turkey.
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