NEWS

EU Boosts Our Recovery Efforts With $23m Help

The European Union’s Commissioner for International Co-operation and Development Neven Mimica and Fiji’s Prime Minister Josaia Voreqe Bainimarama yesterday signed an agreement for a new initiative with a budget of
01 Jun 2016 14:49
EU Boosts Our  Recovery Efforts With $23m Help

The European Union’s Commissioner for International Co-operation and Development Neven Mimica and Fiji’s Prime Minister Josaia Voreqe Bainimarama yesterday signed an agreement for a new initiative with a budget of EUR10million ($23m), in the margins of the EU-ACP Summit currently underway in Port Moresby.

The financial assistance package will assist Fiji’s recovery and rehabilitation efforts in the agriculture following Tropical Cyclone Winston.

“The $23 million will not only help the sugar and agriculture sectors to recover quickly, but will also give hope and optimism to hundreds and thousands of Fijian citizens who depend on the sectors for their livelihoods and survival,” Commissioner Mimica said.

“The support will come in the form of direct budget support so the Government is able to use the funds according to the priorities identified in the recovery plan for the sectors.

“The Government and development partners have produced a comprehensive Post Disaster Needs Assessment (PDNA) and we now look forward to a speedy implementation of the recovery plan.”

Acknowledge

Mr Bainimarama said: “We are very gratified by the confidence the European Union is showing in our budgetary process and the management of our public finances.

“You are recognising that the best way to deliver assistance is through a partnership with the Government.

“And your example is one that we hope our other development partners will emulate.”

Source: European Union

Feedback:  jyotip@fijisun.com.fj

 

Subscribe to E-Edition
Vodafone-giga-plan
GSMA
Subscribe-to-Newspaper
SPSE
Fiji Sun Instagram
Subscribe-to-Newspaper
error: