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+--- Thread: Even Georgia's getting a bail out. Your tax dollars at work. $US250 mil for government salaries. (/thread-418.html)
Even Georgia's getting a bail out. Your tax dollars at work. $US250 mil for government salaries. - Magda Hassan - 23-11-2008
http://www.civil.ge/eng/article.php?id=20003
Civil Georgia
November 22, 2008
U.S. Transfers 250 mln for Georgia’s Budget Support
Tbilisi - The United States has transferred USD 250
million to the Georgian government for budget support
as part of the USD 1 billion aid package pledged by
Washington after the August war.
The U.S. embassy said in a press release on November
21, that the USD 250 million grant will fund Georgia’s
budget expenditures to cover state pensions, state
compensation and state academic stipends – USD 163.3
million; health care costs for people living below the
poverty line – USD 26.1 million; allowances to
individuals displaced by the conflict in Abkhazia USD
6.1 million; financial support to schools through a
voucher system on a per-student basis USD 24.2
million;
USD 30.3 million will be allocated for compensation
and salaries for government employees of all
ministries excluding the Ministry of Defense and
Ministry of Interior, according to the U.S. embassy.
The grant will be fully expended by February, 2009.
.....
The cash transfer flows directly from the
recommendations of the UN/World Bank Needs Assessment,
based on which international donors at the Brussels
conference on October 22 pledged a total of USD 4.5
billion for Georgia.
The needs assessment report said that Georgia's budget
support required USD 480 million in 2008 and USD 450
million in 2009.