The signing of the agreements will take place at the Ministry of Finance, Treasury Building at 2.30 pm, Wednesday 9th May 2007 to be followed by a press conference.
The general agreement on development cooperation supports the implementation of the Economic Recovery Strategy (ERS) and the vision 2030 as it will take on a more action-oriented form. It is signed in anticipation of the Kenya Joint Assistance Strategy (KJAS). Sweden and Kenya will work together to create opportunities for poor people to improve their lives. The main areas of cooperation are Governance, Justice Law and Order Sector (GJLOS); Public Financial Management (PFM); Public Sector Reforms (PSR); Water and Sanitation; Agriculture; Roads; Health and HIV/AIDS; Urban Development and Environment.
The agreement on Public Financial Management represents vital steps for system-wide improvements and securing budget planning. PFM is directly linked to opportunities for democratic governance through contributing to effective and transparent state financial system. Hence it creates possibilities to fight corruption and provides opportunity for effective development cooperation.
For more information please contact:Mr John Ndiritu, Programme Officer0734 65 15 56Ms Linda Widmark, Press Officer0733 33 11 17