Eu development support for MadagascarNovember 24, 2015
Hat: Eu development support for Madagascar
Funding Scheme: 2015-11-24
Pgm2014 2020: Yes
The European Commission today announced it will provide €518 million to Madagascar, as part of its development cooperation programmes to help reduce poverty.
“The new programme we are signing today will help tackle poverty through 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. Yet bold reforms are needed to reduce poverty to benefit the population. That’s why I have encouraged the President of Madagascar to show strong leadership and effective action, which the success of our development programmes ultimately depend on.” said European Commissioner for International Cooperation and Development, Neven Mimica, who signed today the National Indicative Programme with HE Hery Rajaonarimampianina, President of the Republic of Madagascar.
This long term development aid aims to contribute to stability and resilience by strengthening good governance, to contribute to economic growth and sustainable development through actions on infrastructure and rural development, and to improve the delivery of basic services to the population.
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