A seven (7) year Government of Ghana-European Union (EU) Multi-annual Indicative Programme (MIP) has been launched. The programme, which spans 2021-2027 covers three prioritized areas of Green, Resilient and Inclusive Growth; Sustainable Cities; and Good Governance and Security.
These priorities were jointly determined by a team of EU representatives working in close consultation with Government officials, civil society representatives and other relevant stakeholders.
At the launch, the Finance Minister, Ken Ofori-Atta, appraised the new indicative programme as a developmental guide between Ghana and the EU. “This programme is a particularly poignant one as it will guide the development cooperation between the Ghana and the EU over the 2021 – 2027 programming period”, he stated.
It is envisaged that the EU will make available Two Hundred and Three Million Euros (€ 203 million) to Ghana between 2021-2024. The amount is expected to fund and implement programmes and projects jointly developed by the Ghana and the EU under the agreed priority areas and sectors. “Undoubtedly, the new multi-annual indicative programme will allow the EU and its member states support Ghana’s development efforts across three priority areas…”, Mr. Ofori-Atta expressed.
The Minister for Finance expressed excitement at the prospect of leveraging the technical expertise and technological advances within the EU to close loopholes in the tax system, enhance the transparency of public spending and support business creation. He voiced optimism about the ability of these reforms to open more opportunities, particularly for our young people and socially excluded groups.
Attending the launch was a Team of Officials from the European Union led by the EU Commissioner for International Partnerships, Ms. Jutta Urpilainen, who was on an official visit to Ghana. The Commissioner reaffirmed the strong ties and increasing partnership between the EU and Ghana, particularly in the areas of energy, green growth, youth entrepreneurship, and health and vaccines.