Posted: Tuesday 25th February 2014 at 23:10 pm

Kufuor supports Senegal to raise funds

John Kufuor

John Kufuor



Accra, Feb 25, GNA – Former President John Agyekum Kufuor Monday joined Senegalese President Macky Sall and his government to raise more than nine trillion CFA Francs to support a development plan aimed at doubling that country’s economic growth over the next 10 years.

A statement in Accra signed by Mr Frank Agyekum, Former President Kufuor’s spokesperson, said this was at a donor’s conference to raise about five trillion CFA Francs but was over-subscribed by more than four trillion CFA Francs.

Ministers of President Sall’s government made presentations of their development plans at the conference attended by the World Bank, the International Monetary Fund, The French government, the United States Development Agency, the Department for Foreign International Development of the UK, the African Development Bank, the Kuwaiti Fund, among other institutions.

The “Emerging Senegal” programme aims to boost output from agriculture, fisheries and agro-industry, as well as the mining sector and tourism. It also hopes to make Senegal a logistics hub offering access to West Africa’s market of some 300 million people.

President Kufuor praised Senegal for the initiative and urged the government to use the monies raised for their intended purpose.

He said African countries faced similar problems and expressed the hope that governments on the continent would follow the Senegal example to help boost their economies.

President Sall promised to crack the whip where necessary to ensure success of the programme and praised Former President Kufuor for his support and advice.

Former President Kufuor returns home on February 28.

GNA

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