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Monday, October 15, 2018

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

Citizenship, Human Rights, Co-op & Development,-,

News 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.

Source :  European Commission - Press release


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