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Monday, 16 May 2011

Mali: EU grants Mali CFAF 371.9b under 10th EDF

Mali has benefited from an overall budget of 567 million euros (about 371,927 000,000 CFA francs) under the 10th EDF, PANA learned from official sources. According to the Ministry of Foreign Affairs and International Cooperation, the endowment places Mali in the forefront of Africa-Caribbean-Pacific (ACP) countries benefiting from the aid of the European Union, which is the largest contributor of Official Development Aid for Mali. The focal area of the 10th EDF is governance through support for the continuation of public sector reforms and the organization of state services, support for economic development in regions of the North and the Niger Delta as well as general budget support for the implementation of the Growth and Poverty Reduction Strategic Framework (GPRSF).

Source: afriquejet.com