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Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
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    UN prepares $496M aid for Mozambique

    <i>Reuters reports that the United Nations promised $496 million in aid for Mozambique.</i> The United Nations intends to provide a new aid package of $496 million to Mozambique over the next two years. According to U.N. communications officer Luis Zaqueu, the budget comprises $156 million for human capital development, $119 million to improve governance, $118 million for econ&#8230;

    By Newswire Newsletter // 12 August 2007



    The United Nations intends to provide a new aid package of $496 million to Mozambique over the next two years. According to U.N. communications officer Luis Zaqueu, the budget comprises $156 million for human capital development, $119 million to improve governance, $118 million for economic development, and $103 million to combat AIDS. Mozambique is considered one of the world’s poorest nations, as per its ranking – 168th in a field of 177 – in the U.N.’s Human Development Index.

    Source: U.N. grants Mozambique $496 million in aid (Reuters)

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