Tuesday, November 17, 2015 2:29:52 PM
Link to EU Funding to Guinea
International development partners pledged today over 1 billion Euros to support Guinea-Bissau’s social and economic development. The funding will support the Government’s Development Strategy Plan, Terra Ranka (meaning a fresh start), which aims to ensure long-term sustainable development, consolidate peace and stability, and increase economic growth.
In a round-table co-organized by the Government of Guinea-Bissau, the United Nations Development Programme (UNDP) and the European Union (EU), support and financial resources were mobilized for the implementation of the Strategic and Operational Development Plan of the Government of Guinea-Bissau for the next five years.
International partners such as the World Bank, the Africa development Bank, the African Union (AU), the Economic Community of West African States (ECOWAS), and the Community of Portuguese Language Countries (CPLP) also contributed to organize the conference. The meeting was attended by key bilateral partners of Guinea Bissau such as the USA, Brazil, the UK, France, Spain, Portugal, Canada or China, multilateral organizations such as Global partnership for Education, global funds such as the Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM) took part in the conference.
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