Mozambique to Receive $427 Million From Donors After Government Agrees To Improve Governance
25th March 2010 · 2 Comments · By Newstime Africa
President Armando Emilio Guebuza
The government of Mozambique has agreed to a set of measures that will ultimately improve governance and make way for the clamp down on corruption in government. Donor countries have decided to begin releasing aid to Mozambique after they reached an agreement with the government on how to implement reforms to fight corruption and improve overall governance. The country has been plagued by corruption for some time. And the present government led by President Armando Emilio Guebuza, has failed to address the issue which has been a serious threat to the country’s overall economic performance. Donors has withdrawn funding of some of the country’s essential projects, and this had had a knocked-on effect on the government’s ability to deliver basic services to its people.
The donor group consisting of about of 19 development partners, provide support directly to the state. It will now release a total of $427 million this year. That amounts to some 11.9 percent of Mozambique’s budget, according to the country’s Planning and Development Minister Aiuba Cuereneia. This is indeed welcome news for the people of Mozambique as they have been the real victims of these punitive measures.
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Tags: anti-corruption, Donor Countries, mozambique, President Armando Emilio Guebuza
That’s a lot of money!
Let’s money to the corrupt to make them stop corruption! That will solve everything!