14 December 2011
Luanda — Spanish International Cooperation for Development briefed on Wednesday the Angolan ministries on how to access investment funds in sectors of production, infrastructure, communications, agriculture, health, education, gender, water and sanitation.
This was said to Angop by the general coordinator of Spanish Cooperation to Angola, Josep Puig, during a briefing session.
He said that there are 100 funds of three categories, such as reimbursed fund with interest rate reward, no-refunding and technical assistance funds.
Josep Puig said that the funds for the infrastructure sector are estimated at Euro 200 million, without setting the amount of funds for other fields, whose low or high financing depends on the kind and proposal of the projects submitted to the creditor or donor.
According to him, the funds are availed by various international institutions such as European Commission, African Development Bank and UN agencies namely FAO, UNICEF and UNDP.
He highlighted that access to multilateral funds will contribute to the strengthening and increase of human and technical capabilities of Angolan ministries, as well as diversify the funding sources, enhancing and improving the financial resources management.
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