Last updateMer, 28 Jan 2015 10am

Belgium: EU releases 140 million Euros to Guinea

The European Commission has released about 140 million Euros to Guinea as part of the 10th European Development Fund (EDF 10) covering 2008-2013 that was frozen because of 'lack of democracy' in the West African state, a statement received by PANA in Conakry on Tuesday said. Following the legislative elections, as condition for the money to be released, the European Commissioner for Development, Andris Piebalgs, and Guinea Minister in charge of Mines and Geology, Kerfalla Yansané, signed a convention in Brussels on Monday at the headquarters of the European Union aimed at funding five development projects.

In December 2012, after the Independent national election board (CENI) sent a detailed timetable for the legislative elections, EU and Guinea's government signed in Brussels the country's strategic document and the National Indicative Programme for EDF 10.

Thus extra funds were immediately released as direct support in the fields of water, health and civil society empowerment for a total of 34.4 million Euros.

This 140 million-Euro funding, part of a total 240 million, will help reinforce the government's efforts towards promotion of good governance, human rights protection, improved people's mobility and infrastructure.

A amount of 83 million Euros will be allocated to improve the road network, particularly the  Kissidougou-Guéckédou stretch in the south, which is a major hub of mining and agricultural activities.

The justice sector will receive 20 million Euros to support government's efforts in promoting democratic principles and compliance with human rights, in particular as regards rendering justice and fighting impunity.

The reform support programme for security has 15 million Euros while public finance has been allocated 12 million Euros to help improve economic and financial governance.

Decentralization has been allocated 10 million Euros designed to bring government services closer to citizens, supporting the implementation of the policy paper for decentralization and local development as well as promotion of local democracy.

Pana 29/01/2014