Africa

EU grants Liberia with almost 300 million Euros in budgetary support

The Head of the EU Cooperation Project Section in Monrovia, Theodrus Kasper, has disclosed that the European Union (EU) has apportioned 279 million Euros as budgetary support for the Liberian Government.

The European Union Envoy observed that there are lots of pressing needs for basic social services in Liberia. They added that Liberia has great opportunities it can explore to reduce poverty, increase income and improve food security if only challenges of sustainable management can be addressed.

Kasper made the comments on Wednesday, 26 February 2020 when he briefed the EU-Liberia Young Media Professionals at the European Union Delegation Office in Monrovia. He stressed that the funding will be used to support Agriculture, Fisheries and other sectors.

Kasper pointed out that EU projects have made a considerable impact on human resource development, food sustainability, strengthening Government, ensuring good forest governance, among others.

The EU Cooperation Section Head also said they are passionate about programs that will provide Liberians entry into the job market, setting up concession structures, the expenditure for rural
electrification and addressing potential conflicts that surround land rights, just to name a few.

He noted that Liberia’s Pro-poor Agenda for prosperity and development enshrined in the National Program has been supported by the European Development Fund.

The PAPD is guided by four pillars focusing on empowering Liberians through education, health, youth development, and social protection, enabling private sector-led economic growth, supporting a peaceful society, and creating an inclusive and accountable public sector, he indicated.

– APA