ADDIS ABABA (Halbeeg News) – The Ethiopian Government and European Union (EU) have signed a financing agreement amounting to 33.5 million Euros for the EU-TRUST Fund for Disaster Risk Reduction project.
According to Ethiopia’s official news Agency FANA, the agreement was signed on Wednesday by Admasu Nebebe, Ethiopia’s State Minister for Finance and Mr Erik Habers, Head of Cooperation of the European Delegation to Ethiopia, according to a press release issued by the Ministry.
The Disaster Risk Reduction project will focus on strengthening households, communities and local authorities to manage and adapt to disasters and other risks, thus reducing their humanitarian and economic impact, including forced displacement and irregular migration.
According to the Ministry, the project will be implemented in 54 months (2019-2023) by NGOs, the National Disaster Risk Reduction Management Agency in Somali, SNNP, Oromia, and Amhara regional states.
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