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US COMMITS $6,8 MILLION TO STIMULATE ECONOMIC GROWTH



National.

An agreement covering several private sector assistance projects worth $6.8 million has been signed by acting USAID Director Michael Eddy and Macedonian Finance Minister Trajko Slaveski.

The assistance will be provided by the American people through the USAID to stimulate economic growth and job creation by enhancing the investment climate and addressing trade impediments.

The goal is to make it easier and more profitable for both local and international businesses to operate in Macedonia. USAID’s e-Gov project is creating more transparency and streamlined governmental processes for businesses. Through USAID’s Business Environment Activity project, a legal and regulatory environment conducive to doing business here will be created. Other activities are strategically targeted to increase competitiveness and export potential of key industries, including the agricultural sector, and to stimulate small and medium-sized enterprises and local economies.


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February 27 2010:
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