EU resumes budgetary support to Ethiopian government with 140 million Euro allocation
via The Reporter Ethiopia5 min read
The European Union has announced the resumption of budget support to Ethiopia, more than five years after payments were suspended due to human rights concerns during the northern Ethiopia war. The EU will begin its budgetary support with 140 million Euro allocated for priority sectors, to be disbursed in three phases. Jozeph Sikela, EU commissioner for international partnership, disclosed this decision during the EU-Ethiopia Business Forum in Addis Ababa. The EU had initially suspended nearly 90 million euros in budgetary support for transport and health projects in December 2020, one month after fighting began in Tigray. The resumption of support follows ongoing reforms by the Ethiopian government and the EU's desire for further partnerships.
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This summary was AI-generated from a story originally published by The Reporter Ethiopia.
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