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Wednesday, 14 May 2014

EU promises to stick by Burundi

The European Union (EU) has promised to support Burundi and get it out of fragility. The EU is set to increase the financial envelope allocated to the 11th European Development Fund (EDF), expected to be double that of the 10th EDF.
Burundi got 432 million Euros (US$ 595 million) from the EDF as contribution towards the Strategic Framework for Growth and Poverty Reduction Program, second phase (PRSP II).
Patrick Spirlet, the Ambassador Head of Delegation of the European Union in Burundi, was speaking at the launch the official opening of the exhibition of achievements between Burundi and the European Union.
This was part of the celebrations of European Day. The 2014 edition is devoted to the theme ‘Partnership Burundi European Union, on the path of development’.
In his opening speech, the Second Vice-President of the Republic, Dr. Gervais Rufyikiri reaffirmed Burundi’s pleasure at the excellent relations of friendship, solidarity and comprehensive cooperation between the EU and Burundi.
He stressed that in regards to the Cotonou Agreement , the cooperation between the EU and Burundi generally aims to contribute to the revival of economic growth and the fight against poverty, in particular through the promotion of a balanced, equitable and sustainable development .
The Second Vice- President recalled that the interventions of the EU through the EDF contributed to the development objectives of growth sectors and improved  food security for vulnerable populations.
These interventions have also strengthened the capacity of public institutions and rural stakeholders in the implementation of sector-based strategies and policies progress.
He welcomed the continuing cooperation with the European Union through the 11th EDF for the period 2014-2020 and that the priorities in the latter that are coherent with the government's priorities defined in (PRSP II).
The Second Vice- President reiterated the gratitude of the government to the EU for this important support which reflects the commitment of the institution to support Burundi's efforts to promote sustainable and inclusive growth.

Source: busiweek.com/