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To help Georgia address emergency needs under the JNA, the EAPCR will enable the Government to meet critical public expenditures through the budget and help cushion the adverse revenue shocks. The EAPCR will supplement the Municipal Services Development Fund Project recently approved by the Asian Development Bank (ADB). The United States has signed an agreement providing $250 million to meet critical expenditures through the budget. The World Bank recently approved $40 million in budget support using the Fourth Poverty Reduction Support Operation. The European Union is also expected to provide budgetary assistance in the near future.
The major outputs of the EAPCR are to ensure that:
(i) the immediate incremental expenditure needs arising from the conflict are met; and
(ii) the core public expenditure program for 2008 is delivered in accordance with the approved budget.
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