Public Statement

Within the Financial Management Framework concerning support to implementation of the Development Cooperation Agreement between the Government of the Republic of Serbia and the Government of the Slovak Republic, Serbian Ministry of Finance and Slovakian Ministry of Foreign Affairs signed a Financial Memorandum on 30 September 2008.

The legal framework for cooperation between the Republic of Serbia and the Slovak Republic is the Development Cooperation Agreement between the Government of the Republic of Serbia and the Government of the Slovak Republic, signed on 03 December 2007. Concrete conditions and the amount of allocated funds are specified in Financial Memorandums, which are signed separately for every year of cooperation – five Financial Memorandums had been signed up to 30 September 2008. Financial Memorandum I granted EUR1.3 million in assistance, Financial Memorandum II allotted EUR1.6 million, Financial Memorandum III allocated EUR1.5 million, whereas Financial Memorandum IV granted SKK50 million (around EUR1.3 million). The Fifth Financial Memorandum for 2007 was signed on 06 May 2008 and SKK64 million (around EUR1.9 million) was granted for candidate projects in 2007.

Within the Financial Management Framework concerning support to implementation of the Development Cooperation Agreement between the Government of the Republic of Serbia and the Government of the Slovak Republic, Serbian Ministry of Finance and Slovakian Ministry of Foreign Affairs signed a Financial Memorandum on 30 September 2008.

The legal framework for cooperation between the Republic of Serbia and the Slovak Republic is the Development Cooperation Agreement between the Government of the Republic of Serbia and the Government of the Slovak Republic, signed on 03 December 2007. Concrete conditions and the amount of allocated funds are specified in Financial Memorandums, which are signed separately for every year of cooperation – five Financial Memorandums had been signed up to 30 September 2008. Financial Memorandum I granted EUR1.3 million in assistance, Financial Memorandum II allotted EUR1.6 million, Financial Memorandum III allocated EUR1.5 million, whereas Financial Memorandum IV granted SKK50 million (around EUR1.3 million). The Fifth Financial Memorandum for 2007 was signed on 06 May 2008 and SKK64 million (around EUR1.9 million) was granted for candidate projects in 2007.

The 2008 budget of the Slovak Republic apportioned SKK55 million (around EUR1.8 million) for development assistance intended for the Republic of Serbia.

In line with the “Medium-Term Strategy for Slovak Republic’s Official Development Assistance: 2003-2008”, the following were defined as the priority sectors for the Republic of Serbia: the integration of the Republic of Serbia into international organizations, support to civil society and regional development, as well as development of small and medium-sized enterprises and infrastructure rehabilitation.