{"id":469875,"date":"2021-02-19T13:22:57","date_gmt":"2021-02-19T13:22:57","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=469875"},"modified":"2021-02-19T13:22:57","modified_gmt":"2021-02-19T13:22:57","slug":"senegal-the-united-states-supports-the-economic-recovery-plan","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/02\/19\/senegal-the-united-states-supports-the-economic-recovery-plan\/","title":{"rendered":"Senegal: the United States supports the economic recovery plan"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The United States, through its international development agency (USAID), has decided to support Senegal&#8217;s post-COVID-19 economic recovery plan.<\/p>\n<p>The Adjusted and Accelerated Priority Action Plan (PAP 2A) will receive financial support estimated at $ 600 million over a 5-year period.<\/p>\n<p>This new agreement was signed this Thursday, February 18 in Dakar, by the Senegalese Minister of Economy, Planning and Cooperation, Amadou HOTT, and Peter TRENCHARD, Director of USAID Senegal.<\/p>\n<p>This initiative mainly aims to support PAP2A, which aims to put Senegal back on its initial trajectory of strong growth before COVID-19.<\/p>\n<p>The state treasurer gave USAID special mention for having resorted to direct funding (G2G funding), as part of the execution of this cooperative program.<\/p>\n<p>Using this mechanism as an additional modality, he emphasizes, will solve 3 major problems.<\/p>\n<p>It is about aligning USAID assistance with national priorities, reducing transaction costs and sustaining results.<\/p>\n<p>The United States&#8217; Ambassador to Senegal, Mr. Tulinabo Mushingi, in a statement reiterated his country&#8217;s commitment to further support Senegal in its priority projects.<\/p>\n<p>As a reminder, USAID has been one of the main donors to the country of T\u00e9ranga over the past six decades.<\/p>\n<p>The institution has invested in several development projects to improve the living conditions of the Senegalese population.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The United States, through its international development agency (USAID), has decided to support Senegal&#8217;s post-COVID-19 economic recovery plan. The Adjusted and Accelerated Priority Action Plan (PAP 2A) will receive financial support estimated at $ 600 million over a 5-year period. This new agreement was signed this Thursday, February 18 in Dakar, by the Senegalese Minister<\/p>\n","protected":false},"author":536116,"featured_media":469876,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12046],"tags":[16241,17290,16621],"class_list":{"0":"post-469875","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"tag-senegal-2","9":"tag-the-economic-recovery-plan","10":"tag-the-united-states","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Senegal: the United States supports the economic recovery plan - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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