1. Home
  2. Africa
  3. East Africa
  4. Eritrea

Asmara signs aid deal with Italy

Italy concluded a significant aid agreement with Eritrea, Italian minister Rino Serri and Eritrean finance minister, Gebreselassie Yosief, signing an Indicative Programme of Cooperation for 1999-2001 in Asmara on Sunday, media sources reported on Wednesday. The programme, worth 127 million euros (about US$ 135 million) in grants and soft loans, will focus on social services, enterprise and developing human resources, the official Eritrean News Agency ERINA reported.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

Share this article
Join the discussion

Become a member of The New Humanitarian

Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.