OIF sets up funding strategic framework

Ouagadougou- Burkina Faso (PANA) -- The International Organisation of the Francophonie (OIF) Saturday set up a strategic framework for a decade-long funding programme which will see the creation of single multilateral fund (FMU) jointly financed by the member states and bilateral partners.
A document published at the end of a two-day Francophone states leaders' summit, stressed that the fully fledged members, associate members and observer members of the OIF must contribute in the funding of the programmes, according to what they can afford.
"States and governments will directly pay their financial contributions to the FMU and not to the operators, save for the specific case of (Francophone Channel) TVS.
"The strategic objectives adopted by the heads of states and governments will be achieved only through a coherent and transparent management in mobilising, allocating and using the funds," the document said.
The leaders have mandated the OIF secretary general, Abdou Diouf of Senegal, to seek funding with other international partners.

27 november 2004 19:01:00




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