EU Injects EUR10 Million into Liberia’s Budget

0
1064

Last week, the government of Liberia received a grant of EUR 10 million (US$11.2 million) from the European Union (EU) that was disbursed directly to the treasury account of the government to support the 2017/2018 budget.

This is the third payment under the EU’s budget support program after the first payment of EUR 29.2 million (US$33 million) in 2015 and EUR 16 million (US$18 million) in 2016, an EU release has said.

According to the release, the disbursement of the third payment comes after the government of Liberia made satisfactory progress in improving public financial management, and toward specific targets relating to security and rule of law in line with the Agenda for Transformation, Liberia’s medium-term development strategy, Ambassador Tiina Intelmann, Head of the EU Delegation to Liberia, said.

“The EU gives this 10 million euro expecting that the government will use it to provide Liberians with the vital public services they deserve and it has committed to provide: health, education, security and rule of law. I encourage the government to continue improving the management of public finances and fight against corruption.

“In particular, I applaud the operationalization of four pilot county treasuries, the establishment of a Civilian Complaints Board for the police and immigration services and improved access to justice through magistrate courts and county courts for cases related to sexual and gender-based violence.

“I encourage government and the judiciary to continue their efforts to better plan procurement for entities in the security and rule of law sector and to ensure that spending takes place as planned,” Amb. Intelmann said

According to the release, the EU withheld EUR 2 million due to the GOL’s failure or partial failure to meet indicators related to the timely publication of procurement plans for the Ministry of Justice and the Judiciary, and spending less money than planned through entities in the security and rule of law sector.

LEAVE A REPLY

Please enter your comment!
Please enter your name here