518 million Euros from the European Union for Madagascar by Hotel ★★★ Restaurant gourmand coconut Lodge Majunga.
518 million Euros from the European Union for Madagascar by Hotel ★★★ Restaurant gourmand coconut Lodge Majunga.
The document framework for the partnership between Madagascar and the EU was signed early in the week in Brussels. It focuses on an envelope of 518 EUR million.
Madagascar away little by little of the political crisis. The big island has finally concluded the partnership agreement with the European Union. The signing of the national indicative Programme (PINE) for Madagascar was made early in the week in Brussels between Chairman Hery Rajaonarimampianina and Neven Mimica, European Commissioner in charge of international cooperation and development. This new agreement concerning assistance to the development of an amount of 518 million under the 11th European Development Fund (EDF). "The new program we have signed will contribute to combating poverty thanks to an inclusive and sustainable growth in one of the poorest countries in the world. The European Union is fully committed to working in close cooperation with Madagascar to achieve this ambitious goal., has said Neven Mimica, on the sidelines of the signing.
For the actual release of funds, We'll have to wait a few months.
During the political dialogue which was held in Iavoloha last week, the present EU officials were already quite reserved on the topic, referring to a procedural necessity. "Don't be surprised if disbursements are not immediately", had edged out Claudia Wiiedey-Nippold, Director for the Horn of Africa, Africa East and Indian ocean, especially coming in Madagascar for the occasion.
Necessary reforms
But, even if the statements were made in a diplomatic manner, Europe will certainly still attentive to the evolution of the situation in the country, particularly in areas such as the fight against corruption, good governance, the fragility of the political stability and the social conditions of the population. "The reports are not very positive"., raised, with diplomacy, Antonio Sanchez-Benedito, Ambassador of the European Union in Madagascar. In Brussels, Neven Mimica, had even issued a flat against the head of the Malagasy State by stressing the need for results. "Bold reforms are needed to reduce poverty.. This is why I encouraged the president of Madagascar to show strong leadership and effective actions, with the success of our development programmes will depend., He said.
The PIN for the period of 2014 until 2020. It touches three areas including governance and the strengthening of public policies, infrastructure in support of economic development and rural development. In the field of infrastructure, a few projects have already been announced as being provided for be 11th EDF-funded. The rehabilitation of the main roads as part of the RN 6, linking Ambondromamy and Antsiranana and part of the RN13, Ihosy-Tolagnaro.
More details will be probably known on the projects to be financed by the EDF 11 at a press conference on this topic today Friday 27 November.
by Hôtel★★★ Restaurant gourmand Coco Lodge Majunga.
