Budget Support Details Sample Clauses

Budget Support Details. Budget support is provided as direct untargeted budget support to the National Treasury. The crediting of the euro transfers disbursed into Republic of Serbia Dinars (RSD) will be undertaken at the appropriate exchange rates in line with the relevant provisions of the Financing Agreement (FA).
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Budget Support Details. The fixed tranche of EUR 4.2 million shall be requested upon the signature of the Financing Agreement, provided that the general conditions for disbursement mentioned in 2.2 are met. The disbursement of annual variable tranches will occur provided that the general conditions for disbursement mentioned in 2.2 are met. Once this level of compliance is confirmed, the annual variable tranches will be calculated according to the disbursement procedures specified in Annex 2. Budget support is provided as direct untargeted budget support to the national Treasury. The crediting of the transfers in EUR disbursed into MK DENAR will be undertaken at the appropriate exchange rates in line with the relevant provisions of the Financing Agreement.
Budget Support Details. Budget support is provided as direct untargeted budget support to the national Treasury. The crediting of the euro transfers disbursed into Georgian Lari will be undertaken at the appropriate exchange rates in line with the relevant provisions of the financing agreement. The budget support component is expected to have four subsequent annual instalments (to be disbursed between 2018 and 2021) including a fixed and a variable tranche to be disbursed respectively upon fulfilment of the general and the specific conditions.

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