America for Bulgaria Foundation to allocate $43M for projects in the country - Business - The Sofia Echo: "The America for Bulgaria Foundation (ABF) will earmark $43 million for projects in Bulgaria within the next few years, Deutsche Welle reported on March 14 2011.
The organisation, founded in 2008, is a successor to the Bulgarian-American Enterprise Fund (BAEF), an investment fund created by the US through the US Agency for International Development (USAID).
The funds will be provided to promote the activities of local non-profit entities and the private sector to develop a successful and competitive market democracy."
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