Video guest: Josephine Mwangi

October 2017
M T W T F S S
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

Friday, 18 October 2013

EU gives 265m. Euro to help vulnerable ACP countries face the economic crisis

The European Commission has given 265 million Euro to divide between 19 vulnerable  African, Caribbean, and Pacific (ACP) countries. These funds are to help the countries survive the global financial crisis in 2010. 50 million Euro are to be distributed to the countries before the financial crisis can strongly affect the nations’ economies. The purpose of these funds is to support the spending of the ACP governments in a way that their economies will maintain function. Burkina Faso in particular has been given 14 million and Grenada receives 3.5 million. Much of these funds will go toward food aid to assist these ACP countries coping with rising food prices.

Source : africa-eu-partnership.org