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The governments of Austria (through the Austrian Development Agency - ADA and the Federal Ministry of Finance - BMF), of Switzerland and of Luxembourg have increased the financial resources available to the REPARIS program supporting the reform of financial reporting in South-East Europe (more details on REPARIS).
Adding to the funding already provided in previous years, ADA has committed a further EUR 1.7 million and the Luxembourg Ministry of Finance a further EUR 200,000. The Austrian BMF and SECO of Switzerland become donors for the first time, contributing EUR 1 million and USD 1.75 million respectively.
These additional funds will be used by the CFRR to support both regional and national activities under the REPARIS program.