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Adjara Finance and Economy Ministry Spends 163 522 EUR Inefficiently

“The EBRD loan for solid wastes management project implementation was not fully employed in 2017”, the auditor’s conclusion reads regarding the financial report of Adjara Finance and Economy Ministry.

According to the conclusion, under the agreement conditions, as of December 31, 2017, in terms of payment of liabilities, budget funds of 163 522 EUR have been spent inefficiently.

“It should be also noted that, unlike previous years, in 2018 various activities were implemented for the project implementation, namely: land plots were bought off for building trash dump, the supervisory company was chosen, the first stage of assessment of the construction works tender was carried out and the assessment report was sent to EBRD.

After corresponding procedures the winner company was named and supposedly, the construction works will end in 18 months after the agreement signature”, the report reads.