Bulgaria to Sign Water Sector Advisory Services Agreement with World Bank

Bulgaria will sign a consultancy services agreement in the water and sewerage sector with the World Bank, the government has announced.

The advisory services agreement aims to develop a new strategy for financing, increase the efficiency of services and boost regulatory capacity, the government said in a statement on Monday.

The project financing of BGN 3 M will be provided under the EU’s Operational Programme Environment 2014-2020.

The agreement will be signed by Regional Development Minister Lilyana Pavlova and World Bank Country Manager for Bulgaria, the Czech Republic, and Slovakia Tony Thompson in Sofia on Tuesday afternoon.

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