Donor conference amasses 3.25 bln euros for rebuilding Mali
BRUSSELS, May 15, 2013 (Xinhua via COMTEX) --
The international donors made a
decision to mobilize 3.25 billion euro in supporting Mali's
reconstruction, said a press release issue by the European
Commission on Wednesday.
"Donors have made public financial commitments on the basis of
the Plan for the Sustainable Recovery of Mali 2013-2014 (PRED)
presented by the Malian government. Of the 4.343-billion euro
budget needed to implement the PRED, financial commitments and
pledges for a total of 3.25 billion euros, have been announced by
the donors," said a statement issue by the European Commission
following the international donor conference on Mali, organized by
the European Union (EU) together with France and Mali in Brussels.
"It is crucial that Mali's social and economic development and
the consolidation of a stable state built on solid democratic
foundations go hand in hand with efforts to stabilize the
country," said the President of the European Commission, Jose
Manuel Barroso, "Today marks an important step forward in the
social, economic and democratic renewal of Mali."
"This show of solidarity is crucial for all Malians and the
country as a whole, the future of which concerns not only the
entire Sahel region but international stability," he said, "The
European Union is proud to be at the forefront of these efforts."
"Mali is on the road to recovery. It is recovering its
territorial integrity, is actively preparing for the presidential
elections in July and, with the International donor conference in
Brussels, is making progress in its development," said French
President Francois Hollande.
According to Mali's interim President Dioncounda Traore, in
addition to the initiative to raise funds for the reconstruction
of Mali, the European Union will also help to bring Mali out of
its crisis from both a security and political perspective by
providing training for the defense and security forces through the
EUTM (European Union Training Mission) and support for the
elections. (1 euro = 1.29 U.S. dollars)
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