FED – 100 million euro to support state-building in SomaliaOctober 15, 2018
Hat: FED – 100 million euro to support state-building in Somalia
Funding Scheme: 2018-10-15
Pgm2014 2020: Yes
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.
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