17 February 2022
Last update on Thursday, February 17, 2022 At 3:42 PM
After the lifting of the various European and American sanctions against its rulers, Burundi now receives financial aid to boost its development. The efforts of the Head of State Évariste Ndayishimiye are bearing fruit.
The United States will gratify Burundi with the sum of 400 million dollars, as financial assistance for development. An announcement made by Albert Shingiro, the Burundian Minister of Foreign Affairs.
This money will be used, said the minister, for investments in the fields of agriculture, environment, education, health, and also to support the private sector. This is the second consecutive budget support of this scale that the country receives, after the 430 million euros from the European Union over the period 2015-2020.
EU funding was suspended in 2016, as a sanction for the violence and human rights violations blamed on Burundian leaders during the political crisis that has rocked the country in recent years. President Évariste Ndayishimiye’s efforts to restore peace and democracy led to the lifting of sanctions on Tuesday, February 8, and the resumption of funding.
The USA also lifted its sanctions against Burundi at the end of November 2021, and this envelope of 400 million USD marks a new turning point in bilateral relations between the two countries.
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