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Financing of the 2nd phase of the Local Governance Support Project: the honourable CNT advisers adopt a loan

12/06/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Les honorables conseillers du National Transition Council (CTN) adopted on Wednesday 7 June 2023 at the hemicycle a additional loan signed on January 25, 2023 in the amount of 81,000,000 US dollars. Cet accord a été signé pour le compte du financement de la 2nd phase of the Local Governance Support Project.

The funding of the 2nd phase of the Local Governance Support Project is part of the objective of supporting national and local capacities for the effective and responsible management of local development resources (32 million dollars) and the expanded mandate of ANAFIC. The rapporteur Fanta Camara believes that, in other words, this funding will support ANAFIC and develop its capacity to absorb the management of FODEL and FODECCON by: “carrying out an in-depth assessment of its current capacity and its shortcomings, particularly in terms of climate resilience, citizen engagement and social inclusion [...

]”.
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