EU Approves €22m In Budget Support To Liberia

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MONROVIA, November 26 (LINA) -The European Union (EU) has approved the disbursement of €22 million (about US$ 27.2 million) in budgetary support to help Liberia scale up its efforts to eradicate the Ebola virus.

 

According to an EU press release issued here Wednesday, the announcement comes following the joint visit to Monrovia on November 14 of the EU's Commissioner for Humanitarian Aid and Crisis Management and official EU Ebola Coordinator, Mr. Christos Stylianides and Mr. Vytenis Andriukaitis, Commissioner for Health and Food Safety.

“With these funds, the European Union will support the Liberian budget and state systems to ensure its capacity to face the economic challenges created by the Ebola crisis and to deliver public services.

“In particular, the funds will support the health sector and the fight against Ebola. The payment has been accelerated as part of the EU's response to the multi-faceted Ebola crisis,” the release added.

The specific objectives of the EU’s budget support to Liberia are to improve economic governance, macro-economic stability, especially in the context of the Ebola crisis, and the provision of basic services, notably in the area of health.

The EU has agreed with the Liberian Government to continue improving public finance management, macroeconomic stability and helping the Government fight and contain the current Ebola outbreak, as well as to start reshaping the health sector.

“In this context, the EU fully supports the Government's commitment in the revised budget to maintain, or increase in relative terms, health expenditure as well as salary payments in the health sector,” the release concluded.
LINA