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Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
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    Zambia Becomes First Beneficiary of EU MDG Contract

    By Ma. Rizza Leonzon // 06 March 2009

    Zambia will receive EUR225 million (USD282 million) from the

    to help the central African nation reduce poverty and achieve the Millennium Development Goals. The six-year funding forms part of the commission's MDG Contract, a new general budget support mechanism aimed at bolstering aid effectiveness and predictability as well as speeding up progress towards the attainment of MDGs. Zambia is the first beneficiary of MDG Contract. Other beneficiary countries include Mali, Mozambique, Uganda, Burkina Faso, Ghana and Rwanda.

    • Institutional Development
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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