Reuters AlertNet Full site
Homepage | Newsdesk | NGO Latest | Crisis briefings | Country profiles | MediaWatch | Jobs | Alerting | Login

NEWSDESK

Aid partners approve $804.5 mln for Mozambique budget
29 May 2009 08:59:15 GMT
 Source: Reuters
MAPUTO, May 29 (Reuters) - A group of Mozambique's nineteen development partners have pledged to provide a $804.5 million aid package to support the 2010 state budget and development projects, state-run Noticias newspaper said on Friday.

Under the agreement with the Programme Aid Partners (PAP), Mozambique's government has committed itself to continued poverty reduction, democracy and the respect of human rights.

The newspaper said $471.8 million will directly support the budget and the remaining $332.7 million will be used for development projects.

PAP comprises the African Development Bank, Austria, Belgium, Canada, Denmark, the European Union, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Britain and the World Bank.

Noticias quoted the Irish ambassador Frank Sheridan to Mozambique as saying: "In general, the donors will continue fulfilling their bilateral commitments as stated in the strategic agreements with two of the partners slightly reducing their aid."

Almost 55 percent of Mozambique's state budget is provided by PAP.

Mozambique's mining sector has been hit by the global financial crisis, reducing commodity exports. Economic growth is also expected to slow in 2009. (Reporting by Charles Mangwiro)


AlertNet news is provided by
Email this article       Send comments

Topics

•  Media & Humanitarianism

MORE >>

NGO latest

•  The Other Front Line in Pakistan: How The International Community Can Help Save Pakistan
World Vision - USA

•  Making Life a Little Easier for Orphans
CRS - USA

•  Growing Number of Pakistanis, Particularly Women and Children, Arriving in Displacement Camps; International Medical Corps Expands Emergency Services
IMC - USA

•  MSF denounces the policy of forced repatriation of the Hmong population of Huai Nam Khao camp back to Laos, and refuses to work under military pressure
MSF International

•  UMCOR Hotline for May 19, 2009
UMCOR - USA

MORE >>

Latest news

•  Aid partners approve $804.5 mln for Mozambique budget

•  Vietnam says ready to ratify UN corruption charter

•  MOZAMBIQUE: Climate change adaptation can't wait

•  AFRICA: Prevention efforts and infection patterns mismatched

•  Qatar urges Sudan, Darfur rebels to make concessions

MORE >>

AlertNet news is provided by

Background information

Topics
Media & Humanitarianism
Facts & figures
Mozambique

Related articles

Breaking stories
 Aid partners approve $804.5 mln for Mozambique budget (1 minute ago)

Vietnam says ready to ratify UN corruption charter (1 minute ago)

AlertNet insight
 How well is the world doing in reducing disaster risk? (1 minute ago)

Aid agency news feed
 The Other Front Line in Pakistan: How The International Community Can Help Save Pakistan (1 minute ago)

Blogs
 Sri Lanka's plight highlighted at World Press Freedom Day (1 minute ago)

Maps
 MAP: Southern Africa areas affected by floods and cyclones in 2009 (1 minute ago)


Del.icio.us Del.icio.us  |   Digg Digg  |   NewsVine NewsVine  |   Reddit Reddit   
Thumb for /thefacts/imagerepository/RTRPICT/2009-04-30T164804Z_01_JER004_RTRIDSP_2_FLU_mainimage.jpg|/thenews/pictures/JER004.htm
Thumb for /thefacts/imagerepository/RTRPICT/2009-04-20T214556Z_01_PJM07_RTRIDSP_2_USA_mainimage.jpg|/thenews/pictures/PJM07.htm

Israeli doctor Michael Averbukh poses for the media at the entrance to the first aid room at Ben Gurion International Airport near Tel Aviv April 30, 2009. Israel, which has two ...


More pictures | Galleries
Disclaimers |  Copyright |  Privacy |  Contact Us |  Feedback |  About Us |  RSS XML

Last updated:Fri May 29 09:00:45 2009