Burundi Gets U.S.$2 Million

Bujumbura, Burundi — The Federal Republic of Germany has granted $2 million ($2,665,150) to Burundi through its international development bank (KFW).


This is within the framework of a German financial cooperation with Regie de Production et de Distribution d'eau et d'electrcite (REGIDESO), Burundi's water and electricity production and distribution agency.


The financing agreement was signed last week between the Burundian Minister of Finance and Economic Development Planning, Tabu Abdallah Manirakiza and KFW.


Manirakiza said the money will be used to finance the training of REGIDESO personnel in the urban centres of Bubanza Cankuzo, Gitega, Ruyigi and Rumonge. He said the objective of this program is to set up a three-year framework for maintenance, service and the sustainable and self-management of water infrastructure of these centres.


It aims to improve the staff's skills of these centers in the technical, commercial and financial areas. He added that the program is complementary to the investments funded by the KFW in these urban centers in the Program of Water and Sanitation Sector 'PROSECEAU' Phase III. These investments include the construction of water and sanitation infrastructure for the provision of drinking water standpipes and to improved sanitary facilities both public and private.


In 2005, Burundi and Germany agreed to make 'water and sanitation' sector the priority area of German development.


BY RENOVAT NIMBONA

No comments:

Post a Comment