EU Supports Ghana’s Budget

The European Union (EU) has allocated nearly GH˘1billion to support Ghana’s budget for the period 2008 to 2013.

Mr. Claude Maerten, the new head of the EU Delegation, said the amount covers support allocations made to the decentralisation process, infrastructure, sustainable development and trade in the budget.

Mr. Claude Maerten disclosed this during an interaction with the media in Accra.

The meeting was to afford the new head of delegation the opportunity to formally announce his presence in the country after presenting his credentials to the President.

Mr. Maerten noted that the co-operation between the EU and Ghana is exemplary and covers a wide range of issues such as politics, economics, trade and development.

He said the most recent flagship of Ghana and EU’S fruitful bilateral partnership are the voluntary partnership agreement under the Forest Law Enforcement, Governance and Trade Initiative (FLEGT) signed in 2009.

“We are living through difficult times; the financial crises have had severe impact on employment, production and trade. Bold decisions have however been taken to redress the imbalances and to adopt a sound budget for 2010,’’ he stated.

He commended Ghana for its exemplary political role in Africa, noting that Ghana is the first country to achieve the millennium development goal of halving poverty by 2015.

He also commented Ghana for being the first country to complete the African Peer Review process.

Source: The Ghanaian Times