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Austria, Switzerland and Luxembourg provide additional funding to the CFRR to support financial reporting reforms



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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.

Austrian Development Cooperation Federal Ministry of Finance, Austria SECO - State Secretariat for Economic Affairs Ministry of Finance of the Grand Duchy of Luxembourg

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