The European Union (EU) has decided to provide 7 billion CFA Francs (about US$11 million) supporting Burkina Faso’s electoral process.
Major part of the amount is to be disbursed during the transition period, said Burkina Faso’s government spokesman Frederic Nikiema.
Additionally, EU will even give a loan of US$109 million to Burkina Faso as budgetary support for the 2015-2016 financial year, he added. The World Bank had given Burkina Faso budgetary support of $101 million, supporting country's efforts to fight against poverty and unemployment.
Presently, Burkina Faso is going through a transition period after the fall of Blaise Compaore’s regime in October last year. In October, the country will hold its general elections.
Major part of the amount is to be disbursed during the transition period, said Burkina Faso’s government spokesman Frederic Nikiema.
Additionally, EU will even give a loan of US$109 million to Burkina Faso as budgetary support for the 2015-2016 financial year, he added. The World Bank had given Burkina Faso budgetary support of $101 million, supporting country's efforts to fight against poverty and unemployment.
Presently, Burkina Faso is going through a transition period after the fall of Blaise Compaore’s regime in October last year. In October, the country will hold its general elections.