NewsWhore
03-20-2009, 04:00 PM
This year alone the European Union will donate EUR50 million to several development projects in the DR. According to Hoy, the only condition for receiving the funds is that reports on the government's public finances have to be presented to the EU. During a meeting at the Presidential Palace's Green Room, Domingo Jimenez, director general of Multilateral Cooperation and Aid for the European Development Fund, said that the money would go towards education. The EU has also agreed to provide additional assistance to the Dominican government so that it can fulfill the goals identified during February's cross-sectorial summit. Jimenez said that an initial EUR18 million would be handed out by June and by the third trimester of 2009 a total of EUR40 million will have been handed out.
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More... (http://www.dr1.com/index.html#5)