17th January 2023, Skopje – Republic of North Macedonia will establish first-ever regional solid waste management systems in line with the European standards. Funds will be extended to the Ministry of Finance, with the Project being implemented by the Ministry of Environment and Physical Planning. Today, Minister of Finance, Fatmir Besimi, and Minister of Environment and Physical Planning, Naser Nuredini, signed agreements with the European Bank for Reconstruction and Development in support of the implementation of the Project. Funds are approved by EBRD, EU, the Swiss State Secretariat for Economic Affairs (SECO) and the Swedish International Development Cooperation Agency (SIDA).
“With our partners the European Union and the European Bank for Reconstruction and Development, we are signing today both the Loan Agreement between the Republic of North Macedonia, represented by the Ministry of Finance, and EBRD, and the Project Agreement between MEPP, as Project Implementing Agency, and EBRD. By signing the Agreements, the Government of the Republic of North Macedonia obtains EUR 55 million loan, approved under favourable terms and conditions by EBRD. Furthermore, EU has approved EUR 24.8 million grant funds, with around EUR 9 million grant from the Swiss State Secretariat for Economic Affairs (SECO) and additional EUR 1 million from the Swedish International Development Cooperation Agency (SIDA)”, Minister Besimi said.
He underlined that the investment is of crucial significance to attaining greener and sustainable future of the Republic of North Macedonia, not only contributing to pollution reduction, as a top priority for our citizens, but also being a stimulus for developing new projects in the field of circular economy, as well as advancing the regional development.
The funds will be intended for establishing regional solid waste management systems in line with the European standards, with Southeast, Vardar, Pelagonija, Southwest and Polog regions included. Under the Project, Ministry of Finance and Ministry of Environment and Physical Planning will make significant changes in the field of solid waste management.
The Project implementation supports the goals and the policies of the Government of North Macedonia, geared towards promoting a sustainable waste management system.
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