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Investment and infrastructure component

22 / 10 / 2020
Category: Programme News

Joint Monitoring Committee allowed beneficiaries of micro-projects to settle the whole value of the infrastructure component in their final reports as originally set in the Grant Contract budget. The whole amount dedicated to the works, services and other investment activities would be treated as eligible costs regardless of the final amount of ENI financing (reduced due to the COVID-19 situation) but as the 20% of the grant originally set in the Grant Contract. Such approach is in line with the COVID-19 related Supplement to the Programme Manuals.

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