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Governo Italiano

Tools for Humanitarian and Macro-Financial Aid

 

Tools for Humanitarian and Macro-Financial Aid

Finally, completing the picture are the already existing Humanitarian Aid instrument and Macro Financial Assistance  (total endowment envisaged, along with other “minor” ad hoc instruments: 8 billion euro) which are to remain in force without significant modifications.

The former of these will continue to supplement the EU’s classic financial assistance with interventions falling more strictly into the category of humanitarian aid, such as emergency aid to the victims of natural and man-made disasters.

The second will continue to be employed in cases of major balance of payments problems as well as support for structural reforms undertaken by beneficiary countries.


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