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Europe Daily Bulletin No. 9855

6 March 2009
Contents Publication in full By article 16 / 31
GENERAL NEWS / (eu) eu/development
Zambia is first African country to sign MDG contract for direct budgetary support of €225 million over six years

Brussels, 05/03/2009 (Agence Europe) - Zambia is the first African country of the group of ACP States (Africa, Caribbean, Pacific) to have signed, on Thursday 5 March in Lusaka, a Millennium Development Goal (MDG) contract with the European Commission. Under the contract, the country will receive €225 million in direct budgetary support over the 2009-2014 period, with a guaranteed annual support level and low reimbursement payments according to a pre-determined timetable. The support, of...

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