EU gives M160m to fight poverty

MASERU — The European Union has disbursed over M160 million towards two on-going government poverty reduction and water and sanitation programmes.

The funds will go towards the Poverty Reduction Budget Support and the Water and Sanitation Sector programmes.

The EU said in a statement last week that about M92 million would be used under the poverty reduction programme to help the government meet its development targets as set out in the National Development Plan.

“Under the programme, the government of Lesotho commits itself to reaching development benchmarks in such diverse areas as infrastructure, water supply, education, health and public finance management reform,” the statement said.

The programme is coordinated in conjunction with the World Bank and the African Development Bank.

A further M71 million would help boost the government’s efforts to reach the Millennium Development Goal on improved access to clean water and sanitation

Comments are closed.