Mozambique Secures Massive Donor Funding

The World Bank will lend USD700 million in the next three years to back Mozambique’s development programs. The country also awaits USD485.2 million in budget support from 19 regular foreign partners, according to the country’s Planning and Development Minister Aiuba Cuereneia. (“World Bank clears USD700 million loan for Mozambique” - Thomson Reuters, Sept. 19, 2008)

About the author