PM signs $23.4million agreement with the European Union
Prime Minister Voreqe Bainimarama and the European Union (EU) have signed an agreement in Papua New Guinea which will see the EU providing Fiji with $23.4 million to support our recovery effort in the wake of TC Winston. PM Bainimarama said the agreement signified the strengthening of the partnership between Fiji and European Union. BAINIMARAMA: […]
May 31, 2016 5:07 pm
Prime Minister Voreqe Bainimarama and the European Union (EU) have signed an agreement in Papua New Guinea which will see the EU providing Fiji with $23.4 million to support our recovery effort in the wake of TC Winston.
PM Bainimarama said the agreement signified the strengthening of the partnership between Fiji and European Union.
BAINIMARAMA: “The signing of an agreement that provides Fiji with 10-million Euros or to support our recovery effort in the wake of Tropical Cyclone Winston. This allocation is on top of the $65.5 million dollars already pledged by the EU to Fiji under the National Indicative Program of assistance for sugar and agriculture and improving access to justice.”
He also acknowledged the manner in which the European Union has responded in light of Fiji’s distressful situation caused by the aftermath of Tropical cyclone Winston.
BAINIMARAMA: “The manner in which the European Union has responded to our needs and assisted us during a very difficult period is deeply appreciated. And I ask you to convey the gratitude of every Fijian to the Commission, your member governments and the people of Europe.”
“The way in which this assistance is being provided is especially appreciated direct support for our national budget to enable us to set our own priorities and distribute the funding where it is most needed. We are very gratified by the confidence the European Union is showing in our budgetary process and the management of our public finances.”
PM Bainimarama said he hoped other development partners would follow the example set by the European Union.
BAINIMARAMA: “This funding is destined to improve the lives of many thousands of Fijians, and especially those in our agricultural sector, including sugar, who have been especially hard hit by Cyclone Winston.”
The Prime Minister said the total damage bill to the nation of more than $3 billion, around $540 million of that is in the agricultural sector, according to the recent Post Disaster Needs Assessment.
He said through these measures, the people of Europe have extended a firm helping hand to get Fijians back on their feet.
BAINIMARAMA: “Now we have an extra 23.4 million dollars Fijian to take that assistance to another level. The quality of our recent engagement underlines the overall quality of our relationship, which has rarely, if ever, been closer in the four decades since we established formal ties with Europe. And we look forward to continuing to strengthen those ties in the months and years ahead.”
The Prime Minister is leading a delegation this week to the 8th African Caribbean and Pacific (ACP) Summit in Papua New Guinea.
The PM arrived in Port Moresby yesterday to join heads of state and heads of government from the 79 ACP member countries.
What do you think? Leave a comment below.