SOMALIA: EU Development Fund for 2008–2013.
Following is Press Release by Louis Michel; the European Commissioner for Development and Humanitarian Aid.
IP/06/368.. Brussels, 23 March 2006
The European Commissioner for Development and Humanitarian Aid, Louis Michel, launches today in Brussels the programming cycle for the 10th EDF (European Development Fund) for the East Africa and Indian Ocean region. This fourth Regional Seminar will be attended by the highest officials responsible for co-operation with Europe from the 12 countries of the region: Seychelles, Maurice, Sudan, Eritrea, Kenya, Somalia, Madagascar, Tanzania, Uganda, Comoros, Ethiopia, and Djibouti. In December 2005, the European Council adopted a financial envelope for the 10th EDF which comes to €22.7billion for the period 2008–2013. The 9th EDF which covered the period 2002–2007 had been allocated the sum of €13.5 billion. Good performance and respect for the commitments taken – especially with regard to good governance, sound management of public funds and efficient administration – are key factors for the increase in aid allocations towards each country.Â
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