Contents
- 1. The Union shall make macro-financial assistance of a maxim…
- 2. In order to finance the loan, the Commission shall be empo…
- 3. The release of the Union’s macro-financial assistance shal…
- 4. The Union’s macro-financial assistance shall be made avail…
- 5. If the financing needs of North Macedonia decrease fundame…
3.The release of the Union’s macro-financial assistance shall be managed by the Commission in a manner consistent with the agreements or understandings reached between the IMF and North Macedonia, and with the key principles and objectives of economic reforms set out in the Stabilisation and Association Agreement.The Commission shall regularly inform the European Parliament and the Council of developments regarding the Union’s macro-financial assistance, including disbursements thereof, and shall provide those institutions with the relevant documents in due time.
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