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Audit of USAID/Georgia’s Investments in Energy Infrastructure.

Country: Georgia
Fiscal Year: 2010
Agency: USAID
Audit Report Available: No
Description:

Since 1999, USAID has spent $71 million in Georgia’s energy sector to support legal and regulatory reform, more efficient distribution, and better watershed management. The importance of this aid is the achievement of a dependable energy infrastructure—the foundation of a developing country’s stability, increased economic growth, and security. The joint U.S. Department of State and USAID Strategic Plan for FY 2007–2012 highlights this priority, stating that, for countries like Georgia in Eurasia, “energy reform and independence . . . are essential steps required for former socialist countries to attract foreign direct investment.” USAID has worked closely with partner organizations to implement these activities.

This audit will determine whether USAID/Georgia’s investments in the energy sector infrastructure have helped to achieve more dependable energy infrastructure.

Source: Office of Inspector General - ANNUAL PLAN - FISCAL YEAR 2010


Date added: 2011-06-20 11:31:21    Hits: 220
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