The purpose of the project is to secure a proper and effective implementation of the financial mechanisms through supporting the institutions responsible for the administration and management of the financial mechanisms, with the overall objective of reduction of the social and economic disparities between Lithuania and the rest of EEA. Reference is made to the application, dated 28 July 2006 and correspondence with the Focal Point dated 28 August 2006 and 6 September 2006. The completed project shall include the following activities and results: Main activities by the Central Project Management Agency (CPMA) include; Setting up management structures; publicity activities; reporting and monitoring arrangements; project appraisal; meetings with EEA - EFTA states. Main activities by the Ministry of Finance (MoF, Focal point) include; Publicity activities during the implementation period of the TA Fund; establishment of the Steering Committee; setting up the final audit arrangements; translation and interpretation services. Main results of the mentioned activities include: Sufficient administrative capacities of related institutions required for the management of financial mechanisms assured; sufficient quality of the implementation of projects financed from the financial mechanisms assured; successful organising of all relevant meetings. The Project Promoter is the Ministry of Finance of the Republic of Lithuania. The Ministry of Finance shall provide at least 15 percent of the estimated eligible project cost.

Project details

Project info
Promoter
  • Ministry of Finance of the Republic of Lithuania
Period
2004-2009
Approval date
Final project cost
1275000.00€
Actual Cost
1500000.00€