BALADI NEWS
he European Union has fully mobilized the 6 billion-euro operational budget for refugees in Turkey, in line with its commitment to the implementation of the EU-Turkey deal signed in 2016, the European Commission announced Tuesday, a Turkish newspaper reports.
So far, out of the total facility budget of 6 billion euros agreed by the EU-Turkey deal, 4.3 billion euros have now been contracted and 2.7 billion euros disbursed.
This number is expected to grow to 3 billion euros by the end of this year and up to 4 billion euros by 2020. The full amount is expected to be paid by 2025 at the latest.
Turkey is the largest host country for Syrian refugees and provides protection to more than 3.5 million people who have fled the neighboring country.
The EU Facility for Refugees in Turkey supports refugees and host communities by financing projects in education and healthcare as well as projects that improve the infrastructure and develop the economy.
Source: Daily Sabah.