NAIROBI, July 24 The European Union said on
Wednesday it will give Kenya 40 billion shillings ($458.45
million) between 2014 and 2020, for use in agriculture and other
sectors, extending an aid programme to the African country.
The EU said the amount could be higher. It gave Kenya 46
billion shillings in its last aid programme between 2008 and
The EU said in a statement it was still in discussions with
the Kenyan government on where the 40 billion shillings would be
spent. Sectors that EU assistance has targeted in the past have
included education, energy, roads and health.
"The funding amount is likely to rise to as much as 50
billion (shillings) as programmes are developed and details
confirmed," the EU mission to Kenya said in a statement.
Kenya forecasts a deficit of 7.9 percent of GDP, or 329.7
billion shillings, this fiscal year ending next June.
In recent budgets it has factored in minimal donor funds as
donors, concerned about allegations of corruption in government,
tightened their purse strings.
($1 = 87.2500 Kenyan shillings)
(Reporting by George Obulutsa; Editing by Susan Fenton)