FINANCIAL ASSISTANCE FOR THE NEEDIEST

9. July 2009.

The Coordination Body for the Municipalities of Presevo, Bujanovac and Medvedja shall pay six million dinars in the accounts of the three municipalities by the end of the year. The said amount is to be utilized as one-off financial assistance provided to persons with special needs, single mothers and parentless children. The first portion of the funds, one million dinars for each of the three municipalities, is to be trasferred by mid-September, while each of the municipalities is to receive their second million in the last quarter of the year.

Prior to receiving the money, the municipalities are obliged to set up boards for allocation of the funds, while the Coordination Body’s Office is to have one representative in each of the boards. The boards shall announce a public competition and set up lists of the persons that are to get one-off financial assistance.

The Coordination Body decided to take this step upon realizing that the least developed municipalities suffer the most during a deep economic crisis, whereas the first to feel the consequences of such a crisis are the neediest residents of such municipalities.

The entire process, which is public and unbiased, is to be completed when the municipal boards submit the competition documentation and a decision on allocation of one-off financial assistance, based on which the Coordination Body’s Office is to pay in the municipalities’ accounts the money for providing assistance to the neediest.