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EU to grant 17 million euros to Madagascar

07-09-2012 17:18 BJT

ANTANANARIVO, July 9 (Xinhua) -- The European Union will grant a non-repayable sum of 17 million euros to Madagascar to support preparation of elections, a statement from the Malagasy Prime Minister office said on Monday.

The decision was taken during the mission of Madagascar's Prime Minister Omer Beriziky in EU headquarters, Brussels, last week, the statement said.

The 2 million euros will be released on the condition of political stability in Madagascar, and the prime minister promised to the EU Commissioner for Development Andris Piebalgs that efforts will be made in Madagascar to make this sum available in the shortest delay possible.

The 15 million euros remaining are part of the European Development Fund (EDF) and its release depends on the preconditions of the EU, the statement said.

However, the EU waits only for the publication of election date in Madagascar and wants to comply with the schedule suggested by the United Nations electoral experts, which were in mission in Madagascar some months ago. These experts already announced that the next elections in Madagascar should be done from May 2013.

The Malagasy prime minister asked the EU Commissioner for Development, Andris Piebalgs, during his meetings in Europe to maintain this fund for Madagascar.


Editor:James |Source: Xinhua

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