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The Joint strategy, titled "European Partners Working Together in Ghana", is a result of strengthened coordination by the European Union with Denmark, France, Germany, the Netherlands, the United Kingdom as well as Switzerland and the Government of Ghana.
These European development partners have come together and jointly committed to supporting the priorities and objectives identified by the Government of Ghana in the Long-Term National Development Plan (LTNDP), focusing on the LTNDP's goal 1 and 4. The Strategy covers the first Medium-Term period 2018–2021 with a total financial envelope of €1.25 billion, which includes indicative funding from the European Investment Bank.
The purpose of the European Partners' Joint Co-operation Strategy is to improve donor coordination, reinforce policy dialogue with government structures, reduce transaction costs for the Government, and deepen synergies leading to enhanced development effectiveness. It aims to accompany Ghana’s transformation process and consolidation of its middle-income status, economic growth and democratic governance, and reinforces a 'European Partners - Ghana partnership' based on shared values, increased commercial cooperation and strengthened political dialogue on our common future. European partners' cooperation will evolve from traditional aid to a more comprehensive approach including trade, competitiveness, migration and climate change.
Ambassador Hanna together with the Minister for Finance, Mr. Ofori-Atta, also signed four financing agreements under the Annual Action Programme 2017, supported by the 11th European Development Fund (EDF) which is funded by all 28 members of the European Union.
The 11th EDF adopted on 12/06/2014 prioritizes three main sectors in Ghana: public sector management and accountability; productive investment for agriculture in the Savannah Ecological Zone; and employment and social protection. The Financing Agreements which have been signed are in line with the new European Consensus for Development and with the development strategy of Ghana's Government. They intend to contribute to Ghana's achievement of the Sustainable Development Goals and support its vision to move beyond aid.
The four projects from the Annual Action Programme 2017 are the following: