By Alan Ah Mu
APIA: THURSDAY 4 APRIL 2013: Investment in developing countries is not wasted effort.
And Prime Minister Tuilaepa Sa’ilele Malielegaoi wants that emphasised to donor countries.
“Samoa has proven the point,” said Prime Minister Tuilaepa Sa’ilele Malielegaoi.
Samoa graduates out of Least Developed Country status to that of a Middle Income Country in 2014.
If we can do it so can other developing countries, Tuilaepa said.
He made the comments today as the European Union signed over a total of €11,6 million in two agreements to the Pacific Region for economic and public finance management reforms and waste strategy.
Andris Piebalgs, European Commissioner for Development, signed for EU and Neroni Tuiloma Slade, Secretary General of the Pacific Islands Forum Secretary and Regional Authorising Officer for the European Development Fund, signed for the region.
The support to the Pacific Financial Technical Assistance Centre (PFTAC) is a further €3.6 million EU contribution to strengthen the Public Financial Management and macro-economics capacities of the Pacific nations.
The PACWASTE programme (€8 million) will help improve the management of domestic, commercial and industrial wastes and in particular of electronic and medical wastes as well as asbestos.
“I am particularly pleased today to sign two important financing agreements addressing two main challenges for the region, namely the economic and public finance reforms and the management of waste,” said Commissioner Piebalgs in a release.
“This regional aid package is another remarkable example of the good partnership between the EU and the Pacific ACP countries in particular when these countries decide to join forces to carry out the necessary in-country systems reforms, by seeking common strategies, exchanging best practices and cost effective solutions,” he said.
The countries referred to are Pacific ones who are members of the African, Caribbean and Pacific (ACP) group of states.
The first project will be channelled through the Pacific Financial Technical Assistance (PFTAC).
PFTAC delivers regional assistance to PACP national administrations to facilitate sound budgetary policies and increase domestic revenues while maintaining expenditures to sustainable levels.
The programme will contribute to better accountability and transparency across the PACP, helping them increase their resilience to shocks and accelerate progress towards the achievement of the Millennium Development Goals.
The second one will be entrusted to SPREP (Secretariat of the Pacific Regional Environment Programme) who is implementing the regional strategy to improve the waste management systems in the Pacific.
Poor waste management has a negative impact on the region’s environment as well as on public health and key economic sectors such as fisheries, agriculture and tourism.
The EU support will focus on three hazardous waste streams: asbestos, electronic waste and medical waste.