FED – 100 million euro to support state-building in Somalia

October 15, 2018

Hat: FED – 100 million euro to support state-building in Somalia

Funding Scheme: 2018-10-15

Pgm2014 2020: Yes

Amorce:

The EU and Somalia signed on 14 October an agreement to provide €100 million to the Somali budget over the next two and a half years. These funds will support the Federal Government’s reforms to build a unified, federal state.

Text:

The financing agreement provided by the EDF is a €100 million package dedicated to Somalia’s state and resilience building, which will also support access to basic services. Up to €92 million will go to the federal government through budget support. The remaining €8 million will support capacity building to the federal and states’ governments and oversight institutions.

Url description: European Commission - Press release

Url: http://europa.eu/rapid/press-release_IP-18-6117_en.htm?locale=EN