European funding for low and middle income countries
Date published:
2014-09-04T00:00:00
Details:
The European Union provides very considerable sums of money to support low and middle income countries. For the period 2014 - 2020, for example, Ethiopia will receive 745, Ghana 323 and Gabon 13 million Euros.
In line with its 2011 policy document, "An Agenda for Change", the EU aims to channel its resources where it can have the most impact. In its discussions with national governments and civil society groups, the Commission therefore opted to limit allocations to three priority sectors per country, except for special cases.
More information about the allocations
Link to "An Agenda for Change"