ACCRA, (Xinhua) --
The European Union (EU) and Ghana entered into
four financing agreements here on Tuesday for a total grant
package of 175 million Euros to support Ghana’s development
activities over a seven-year period.
EU Ambassador to
Ghana William Hanna, who signed for the EU, said 102 million
Euros out of the package under the European Development Fund was
designed to support Ghana’s Productive Investment in
Infrastructure for Agriculture Development in the Savannah
The other portions
of the grant will cover support for Public Financial Management;
Decentralization in Ghana Program, and Resilience against
Signing for Ghana,
Minister for Finance Ken Ofori Atta welcomed the commitment made
by the EU.
“Your support could
not have come at a better time. As you are aware, agriculture,
public financial management, decentralization and climate change
are priority areas for the government of Ghana in terms of job
creation, service delivery and better financial management,” the
finance minister said.