AECID’s €300.000 Grant to Egypt approved – PM Mahlab

Egyptian Prime Minister Ibrahim Mahlab has ratified a grant worth €300.000 given by the Spanish Agency for International Development Cooperation (AECID).

The Spanish Agency for International Development Cooperation (AECID) is the main management body for Spanish cooperation, which combats poverty and works for sustainable human development. Its Charter states that the agency was created to foster full development, conceived as a fundamental human right, with the fight against poverty as part of the process for building this right.

AECID reports to the Spanish Ministry of Foreign Affairs and Cooperation through the State Secretariat for International Cooperation and Ibero-America (SECIPI). Act 23/1998, of 7th July, on International Development Cooperation, considers the Agency to be the managing body of Spanish cooperation and defines its purpose by its priorities: fostering development and equilibrium relations, preventing and addressing emergency situations, promoting democracy and driving relations with partner countries.

Together with its partners, the Agency works in over 30 countries through its network of Cooperation Technical Offices, cultural centres and training centres.