The implementation phase of the European Development Fund (EDF11) should have commenced already because the first tranche payment of Vt389 million has been released.
Moses Amos, Director General (DG) to the Ministry of Agriculture, Livestock, Forestry, Fisheries and Biosecurity (MALFFB) confirmed the above but revealed that the Ministry cannot utilise the fund because “unfortunately we did not do our homework”.
The Project Implementation Taskforce (PITF) should be finalising the the paperworks shortly, have the Department of Strategic Policy Planning and Aid Coordination (DSPPAC) to sign off the paperworks and the money can be released towards the first roll out of the project.
Mr. Amos stressed the implementation phase is really important because it must achieve the indicators of this project this year.
“This will determine whether or not we would have the second tranche,” the DG said.
He added, “All the follow up payments rests entirely on the performances of the utilisation of the fund within the first phase.”
The MALFFB DG admitted that their biggest challenge is how they could utilise the fund, now that we’re already into the month of April.
“We want to assure the public that we would utilise the fund with cooperation from the private sector. We’re mainly the facilitators of the fund. We channel the fund for the private sector to use it. “
He stressed that the commitment and engagement from farmers is very important during the implementation phase of project.
Recently, the Deputy Prime Minister and Minister of Trade, Tourism and Cooperatives and Ni Vanuatu Businesses, Bob Loughman called on all Ministries and Departments earmarked for benefits from the EDF11 Fund to act in a timely manner and make good use of the European Union Financial Package to Vanuatu.