The European Union disbursed 25 million euros on Monday 7th February to support Dominican Republic’s budget on social programs, announced European Development Funds National coordinator Domingo Jiménez.
He said the Government will use the funds in those areas of development which lead to lowering and eradicating poverty.
Jiménez signed the agreement with the head of the European Union delegation in the country, Irene Horejs, to disburse the resources under the modality adopted to support the development programs which the EU conducts with the governments in the Africa, Caribbean and Pacific countries.
In a statement, Jimenez and Horejs also stressed that the funds are subjected to the existence of a development strategy, which in Dominican Republic’s case will be introduced in the Congress by president Leonel Fernandez on February 27, during the annual State of the Republic Speech before the National Assembly.
Source: Dominican Today
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