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Macedonia, former Yugoslav Republic of - Agriculture Strengthening and Accession Project : restructuring (Vol. 2) : Data sheet (Inglês)

The objective of the Agriculture Strengthening and Accession Project for Macedonia is to improve the delivery of the Borrower's assistance to the agriculture sector in a manner consistent with the European Union's (EU) pre-accession requirements. This restructuring paper seeks approval to drop one activity, namely the investment of equipment for the safe disposal of animal by-products under component three, and reallocate these funds (EUR 408,516) to the refurbishment of the Agency for Financial Support of Agricultural and Rural Development (AFSARD) building under component two. This restructuring paper also seeks approval to remove discrepancies between the outcome indicator and the related intermediate outcome indicator under component four, and revise a target value to a more realistic target. The latter changes are reflected in the revised results framework and a revised supplemental letter. The project is nine months from its closing date of September 30, 2011. It is foreseen that the full loan amount will be disbursed by the closing of the project. The changes concern mainly component two, three and four, and follow a request from the Ministry of Finance received by the bank on December 24, 2010. These changes will not affect the Project Development Objective (PDO).




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