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European Commission Releases Funds For Albania, Montenegro And North Macedonia

The European Commission has released funding for Albania, Montenegro and North Macedonia as part of the EU Growth Plan for the Western Balkans. This decision acknowledges the significant reforms partners have made to better align with EU standards, the Commission said.

Albania will receive its first disbursement of 99.3 million euro, out of which 46.2 million euro will be paid directly to the state budget, and the remaining funds will support infrastructure projects through the Western Balkans Investment Framework, or WBIF.

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by Joji Xavier

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