Bloomberg News

Mozambique May Get $800 Million From Donors, Noticias Reports

September 13, 2011

Sept. 13 (Bloomberg) -- Mozambique will get between $700 million and $800 million from international donors for its fiscal 2012 budget, state-controlled newspaper Noticias reported on its website, citing Planning and Development Minister Aiuba Cuereneia.

The donors agreed to continue funding the country’s budget after noting the “positive impact of the economic development and the improvement of living conditions of citizens,” the Maputo based daily cited Cuereneia as saying.

To contact the reporter on this story: Fred Katerere in Maputo at fkaterere@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net


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