The Joint European Commission/World Bank Office for South East Europe has finished processing the results of the Regional Funding Conference. The official results are now available following a due process of analysis and clarification with donors. Some donors have not yet allocated their funding for specific tables or projects and others may change their allocations between the Stability Pact Working Tables and projects following further consultations with the countries and organizations concerned.

These results will now be assessed in greater detail, lead agencies assigned and donor contacts launched. For Working Tables 1 and 3, the Stability Pact is assessing the donor funding with the specific projects to examine with the donors how the unallocated funding could be best used, and determine if projects should be added or dropped given the available funding. Follow-up meetings between the World Bank, European Commission, Stability Pact, European Investment Bank and European Bank for Reconstruction and Development on Working Table 2, including infrastructure and private sector development, will take place this week and next.

The European Commission and World Bank will report to the Working Level Steering Group on April 18, 2000 in Washington, DC on the results of the funding conference and will follow its guidance on follow-up to the Regional Funding Conference within its mandate of donor coordination and aid mobilization.