Nov. 2 (Bloomberg) -- The European Union will give Zambia as much as 32.8 million euros in direct budget support for 2012, said Gilles Hervio, EU ambassador to the southern African nation.
The money will help reduce poverty in the country, Hervio said in a statement distributed in the capital, Lusaka, today.
Zambia relies on donors to fund 15 percent to 20 percent of its annual budget, according to Oliver Saasa, and economic adviser to the government.
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