- May 22, 2020
- Posted by: lnbcc
- Category: Uncategorized
The signing ceremony of the new programmes with the combined value of EUR 54 million, (USD 59 million) took place via an e-ceremony due to Covid-19 restrictions, attended by Government representatives from the Ministries of Finance and Development Planning; Youth and Sports,Education and Energy and other important stakeholders.
The European Union (EU) and the Government of Liberia signed today two Financing Agreements which will lead to new programmes in support to Liberia’s social and economic development and recovery from challenges caused by the recent Coronavirus pandemic. The programmes will target Rural Electrification (prioritizing the South-East region) with EUR 42 million (around USD 46 Million) and support demand drivenTechnical and Vocational Education and Training (TVET) for young people in Liberia with a total of EUR 12 million(around USD 13 Million) https://frontpageafricaonline.com/business/economy/liberia-european-union-signs-over-us59-million-to-aid-coronavirus-pandemic/