The European Union (EU) says it has disbursed €25 million to the government of The Gambia to support the country’s Covid-19 response.
The EU made this known in a statement, noting that the fund will support The Gambia in tackling its economic and fiscal impact, including loss of government revenue, unforeseen additional expenses, and the consequences of global disruptions to supply chains.
The Covid-19 pandemic has caused an unprecedented global health and economic crisis with detrimental and long-lasting socio-economic impacts.
‘With this budget support, the EU is contributing to mitigate the most urgent budgetary needs of The Gambian Government in the context of the pandemic’, Commissioner for International Partnerships, Jutta Urpilainen, said in a statement.
‘As The Gambia’s key partner, the European Union encourages the government to strengthen democracy, human rights and the rule of law, and to take the lead in building the necessary national consensus around the future direction of the democratic transition, with a new constitution at its core’.
It is understood that this funding also directly supports the long-term efforts to achieve debt sustainability.
In addition, according to the statement, the EU will provide technical assistance and capacity building in areas such as public financial management and statistical development.
Source: Foroyaa
Photo source: Nina Ali
