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Belize Signs $67.5 million Agreement to Alleviate Rural Poverty

Prime Minister and Minister of Finance, Hon. Dean Barrow has signed a 27 million Euro/BZ $67.5 million National Indicative Program (NIP) for the period 2014 to 2020 with the European Commission designed to advance the activities of the Government of Belize in alleviating rural poverty in Belize. Signing on behalf of the European Commission was the Commissioner for Development, Andris Piebalgs.

The Prime Minister indicated at the signing held in Washington, D.C on Friday October 10th that this agreement funded under the European Development Fund (EDF 11) is a signal of confidence by the European Union in the Government of Belize with respect to its development agenda. Belizeans will benefit from the EDF 11 National Indicative Program in the sectors of Energy and Health.

The Energy program is aimed at the provision of energy and supporting services in rural areas. The Health program is designed for improving the organization and management of the health services and the development of disaster resilient health infrastructure.

The signing of the NIP represents the long standing relationship between Belize and the European Union in Development Cooperation. This allocation of BZ$67.5 million is doubled the amount of the previous EDF 10 Program, and will continue to significantly contribute to the alleviation of rural poverty in Belize.

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