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September 3, 2014

Antigua and Barbuda secures 3 Million Euro in Development Assistance from the European Union

Yesterday, on September 2, 2014, Hon. Charles Max Fernandez signed Antigua and Barbuda’s National Indicative Programme (NIP) for the 11th European Development Fund (EDF) in the amount of 3 Million Euro in Apia, Samoa. This was held in the margins of The Third United Nations International Conference on Small Island Developing States (SIDS). European Commissioner for Development, Mr. Adris Piebalgs co-signed the document which details an allocation to Antigua and Barbuda of 2.4 Million for the development of Public Financial Management (PFM) systems and 600,000 for support measures to the focal sector, including civil society support. Antigua and Barbuda was among 10 Caribbean countries and 11 African and Pacific (ACP) countries who participated in the ceremony, sealing their various national funding commitments.

Antigua and Barbuda has enjoyed a long and fruitful relationship with the European Union over the years and the Government is committed to strengthening this partnership. The support under the 11th EDF will build on gains of the 10th EDF NIP, under which the selected focal sector was also Public Financial Management.

In addressing the gathering, Commissioner Piebalgs noted that “For the European Union it is essential that our programmes are drawn up in close cooperation with our partner countries, based on governments’ own policies and strategies and reflecting their stated needs. This is how we ensure that programming documents really support areas where the EU can add value”

“Today’s signatures mark the official go-ahead to continue strengthening our development cooperation with the concerned countries. These documents lay down the priorities for our joint work for the next seven years and will allow us to move ahead with the preparations of the concrete projects and programmes.” Commissioner Piebalgs stated.

Speaking after the signing, Minister Fernandez welcomed the new resources and indicated that it demonstrates the EU’s commitment towards the further integration of Antigua and Barbuda into the global economy.

In the coming months, Antigua and Barbuda, through the Office of the National Authorising Officer will continue its engagement with the EU and local stakeholders towards implementation of this tranche of funding.

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