EU provides 51 million Euro from 2008-2013

Cape Verde will receive 51 million Euro from the 10th European Development Fund from 2008 to 2013 under an accord formalized on Monday in the islands’ capital.

The EU aid package prioritizes the implementation of an economic growth strategy, poverty reduction and good governance, with over 30 million euros. Cape Verde’s special partnership with the EU will receive a further 10 million euros of support from Brussels.

Source: Macauhub 05/08/08

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