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Madagascar: The European Union has granted one billion euros of assistance to the Island between 2002 and 2013




The European Union has evaluated during weekend the total amount allocated to the Malagasy authorities for developing the Island.
 
Thus the period from 2002 to 2013, the European authorities have unblocked one billion euros to Madagascar, particularly in the wake of the 9th and 10th European Development Fund (EDF) amounting to 82%. And about 191 million euros from the annual budget of the European institutions.
 
The EU is the first financial supporter of the Island, and the grants awarded thus constitute 47% of all aid received by the Malagasy successive governments.



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