Bulgaria Wetlands-Terminal Evaluation

After the Mid-Term Review in July 2006, Government requested and the Bank agreed to a reallocation of available grant resources to finalize wetlands restoration, which was the main project activity. Some US$ 2.04 million was reallocated from the Small Grants Program for Biodiversity Conservation and the Farmer Transition Support Program to compensate for a funding shortfall created by US dollar depreciation over the course of project implementation, and a 30 percent increase in construction prices during the same period.

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