2014News

Spanish government aid to reach EUR15 million by 2016

The Spanish International Development Cooperation Agency (AECID) will be donating EUR15 million to the Dominican Republic between now and 2016, as reported in Diario Libre. This is equivalent to about RD$795 million. Spanish Ambassador Jaime Lacadena says that the funds will go towards consolidating the rule of law, education and potable water programs, natural disaster risk mitigation, cultural links and sustainable rural development, as well as other priority areas.

To strengthen the new cooperation strategies, Minister of Economy, Planning and Development Temistocles Montas and the AECID Latin America and the Caribbean director Rafael Garranzo Garcia signed an agreement at the Presidential Palace yesterday, Monday 3 February. Ambassador Lacaena said that AECID has contributed EUR426 million or about RD$22.5 billion in its 26 years of work in the Dominican Republic.

www.diariolibre.com/economia/2014/02/04/i466611_cooperacin-espaola-repblica-dominicana-hasta-2016-ser-millones.html