Liberia to Benefit From €11 Million Budget Support - News Summed Up

Liberia to Benefit From €11 Million Budget Support


Cotonou, Benin – Liberia is to benefit from a total of $11 million (Eleven Million United States Dollars) amid government’s commitment aimed at giving boost to the education and health sector. William Dakel; Member of the ACP Committee of the House of Representatives; and Frances Greaves, National Chairperson of the National Civil Society Council of Liberia. The case for 11 million Euro budget support was made for this fiscal year and was overwhelmingly accepted by the EU Delegation conditioned on Government’s fulfilling of series of indicators in public financial management, justice and security. Furthermore, coming out of the meeting with the delegation from Brussels was that the Government will benefit during the next fiscal year from over 30 Million Euro as continuous support to the budget and an additional 12 Million Euro that will be channeled through the budget for targeted support to education. Financing agreements for support to agriculture in the amount of 30 Million Euro and support to the General Auditing Commission (GAC) in the amount of 5 Million Euro have been signed and implementation to commence soon.


Source: Front Page Africa January 20, 2017 02:59 UTC



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