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Ghana Will Get $53 Million From EU for 2011 Budget, Times Says

Dec. 7 (Bloomberg) -- Ghana will receive a grant of 40 million euros ($53.5 million) from the European Union next year for its 2011 budget, the Ghanaian Times reported.

The money will be spent on projects determined by the government, the Accra-based newspaper said, citing the head of cooperation of the EU delegation to Ghana, Kurt Cornelis.

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net.

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