Sunday, February 24, 2013

Boosting Power in Burundi

The European Union has promised 68 billion euros to Burundi for the purpose of electricity generation in the small coffee-producing country of Africa. While the purpose is for electricity generation, the electricity is to improve food production in the country. Only 3.5% of the people in Burundi have power, and the demand for it grows at almost 13% per year. "There cannot be development without electricity" was said about one of the world's worst energy situations. Burundi's budget of 1.3 trillion francs for 2013 will be accommodated by 49% coming from international aid despite the troubles of the world economy. With all this aid going to these third-world countries, it makes me wonder how governments themselves are unable to raise necessary funds domestically. I suppose it is situation of priorities.

http://news.yahoo.com/burundi-68-mln-euros-eu-aid-boost-power-082336081--business.html

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