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Regional invest­ment cuts

11th February 2008
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The Regional Development Ministry cut 420 so-called key local investments submitted from all over the country, with a total value of over z³.44 billion.

 The cuts were justified by the low quality of the submitted projects, but this was disastrous news for local governments. They lost the promise of funds for implementation of many projects that would improve the quality of life of their citizens.


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