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Mozambique to receive less aid in 2013

4 June 2012 By admin

MAPUTO, June 4 (Reuters) – Mozambique will receive $606
million in aid next year, with the global economic slowdown
causing the amount to be cut by just over 10 percent from what
has been set aside for this year, the donors said on Monday.

Major donors including Germany, the World Bank and Britain
said they have set aside $344 million for budget support while
development programmes such as health and education will receive
$262 million.

Mozambique will receive $688 million in aid this year, with
$378 million set aside for budget support.

Growth in the southern-African country is expected to pick
up to 7.5 percent from 7.1 percent in 2011.

(Reporting by William Mapote and Xola Potelwa; Editing by Jon
Herskovitz)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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