The European Union plans to extend the suspension of some 600 million euros (USD738 million) worth of development and budgetary assistance to Madagascar for another 12 months following the country’s failure to restore democracy after a coup in March 2009, Agence France-Presse reports.
The suspension covers aid that directly involves the country’s governments and agencies. It does not cover emergency and humanitarian aid as well as certain projects with direct effects on Madagascar’s residents, according a draft document seen by the news agency.
EU ministers are expected to approve the draft document on June 7.
The EU suspended its aid to Madagascar in 2009 following an army-backed ouster of the government of its then-president, Marc Ravalomanana.