EU approves EUR 118m grants for Bangladesh

Grants worth EUR 118 million (11 Crore 80 Lac Taka) has been announced by the European Union for Bangladesh.

The grants have been allocated for for Civil Society Participation in Decision Making, Food and Nutrition Security, and Skills Development.

Three programs have been adopted under the grants which are Platforms for Dialogue Project – Strengthening Inclusion and Participation in Decision Making and Accountability Mechanisms euin Bangladesh, Food and Nutrition Security program for Bangladesh 2015 and Skills 21 – Empowering citizens for inclusive and sustainable growth.’

Head of EU Delegation Ambassador Pierre Mayaudon said the people of Bangladesh are at the heart of these interventions, with a particular attention to women, girls, youth and most vulnerable groups.

“In line with the 7th 5 Year Plan, our ambition is to contribute to eradicating poverty and building a more inclusive society.”

The EU Development Cooperation Multiannual Indicative Program (MIP) 2014-2020 aims to assist Bangladesh in promoting a more equitable growth and improving democratic governance, said a press release on Wednesday.

The EU grants will help strengthen democratic ownership and accountability mechanisms; reduce food insecurity and malnutrition and support an inclusive, demand-driven and interlinked skills development system.