GHANA, EU SIGN FOUR FINANCING AGREEMENTS FOR 175 MILLION EUROS SUPPORT

ACCRA– Ghana and the European Union (EU) have signed four financing agreements totalling 175 million Euros to support public financial management (PFM), investment in sustainable agriculture development, decentralisation and climate change.

The 102-million-Euro agriculture development programme aims to increase agricultural incomes, promote inclusive climate-resilient and sustainable economic growth in rural communities of Upper West Region (Province) by 2025.

The 45-million-Euro decentralisation support programme has the overall objective of building effective, accountable and inclusive institutions at all levels for sustainable development while the 20-million-Euro Resilience Against Climate Change project will promote inclusive climate-resilient and sustainable economic growth in rural communities.

An eight-million-Euro programme aims to improve economic governance and business environment and to maximise the benefits of the EU’s Economic Partnership Agreement with Ghana.

The agreements were signed here Tuesday by William Hanna, the EU Ambassador in Ghana, and Ken Ofori-Atta, Ghana’s Minister of Finance. The agreements are part of the Annual Action Programme 2017, supported by the 11th European Development Fund.

Source: NAM NEWS NETWORK

   

Related Posts