Eighty-six percent of Canada’s commitments under Plan Emergent Senegal (PSE) have been realized through financing agreements, according to a senior official of the government. The commitment involved CFA 93.3 billion, the director of Economic and Financial Cooperation (DCEF) at the Senegalese Ministry of Economy and Finance Moustapha Ba revealed in Dakar on Tuesday.
Speaking at the annual joint review of a programme of cooperation between Senegal and Canada, Ba emphasized support for Canada over the success of its advisory role in Senegal underlined by a financial commitment amounting to CFA 108 billion for the implementation of the PES (FCFA 1 is equivalent to 0.0020 dollar).
According to the DCEF director, the time span of bilateral cooperation between Senegal and Canada is 50 years old with a funding of approximately CFA 683 billion.
Currently, the volume of aid from Canada is significant and is focused on three priority areas including children and youth, food security and the promotion of sustainable economic growth, Mr. Ba added.
He claimed that there are solid results in the different components.
Ba said this is the case for significant reduction in the gap between boys and girls over access to education as well as on its improvement and quality with the availability of materials such as textbooks, computers and other educational kits.
( Courtesy APA & Senegalese Ministry of Economy and Finance ……… Source ……… New Africa Business News)