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French Version

Favourable opinion on the National MEDA Financing Plans 2002 for Algeria, Egypt, Jordan, and Tunisia

The MED Committee met on 19 July in Brussels. They gave a favourable opinion on the National MEDA Financing Plans 2002 for Algeria, Egypt, Jordan, and Tunisia. The maximum EU contribution to the four Financial Plans will total € 311 million.

The National Financing Plan for Algeria (€ 38 million) includes a € 30 million project for the rehabilitation of areas affected by terrorism in the North West of the country, and the extension to Algeria of the Tempus Programme of higher education co-operation for € 8 million. The project for the North West is aimed at stabilising the population, and reducing rural exodus.

The National Financing Plan for Egypt (€ 104 million) is made up of 4 different components. The Trade Enhancement Programme, phase A will receive € 20 million for modernising import and export procedures and information mechanisms, and for assisting with necessary reforms. Phase B of the same Programme will get € 40 million in direct budgetary support to reinforce and extend existing national reform policies.

A further € 33 million have been earmarked for reforming and upgrading the post-secondary technical and vocational training system. Finally € 11 million will be devoted to the extension of Tempus to Egypt.

The National Financing Plan for Jordan (€ 95 million) comprises 5 programmes. The bulk of the money will go to the 3rd Structural Adjustment Facility (€ 60 million) for reforming the public pension fund, and the VAT and income tax systems. A programme of Support to the Implementation of the Association Agreement will receive € 20 million for upgrading the legislative and regulatory framework, and strenghtening relevant institutions. Institutional Support to the Aqaba Special Economic Zone Authority (€ 10 million) aims at enhancing the economic development of the South of the country. The extension of Tempus to Jordan gets € 3 million, and a Programme for the Promotion of Human Rights and Democratisation has been allocated € 2 million.

The National Financing Plan for Tunisia (€ 74 million) has 3 components. The Industrial Modernisation Programme gets the lion’s share (€ 50 million) to help prepare business for the future Euro-Mediterranean free trade area. A programme of Support to the Implementation of the Association Agreement receives € 20 million for enhancing public administration capacities. Lastly € 4 million have been earmarked for extending Tempus to Tunisia.

The 4 National Financing Plans now have to be formally approved by the European Commission.

Bruxelles,07 27 2002
info
European union
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