Sweden: Balance of payments support to Mozambique
The Government today decided to bring forward
balance of payments support to Mozambique in the total amount of SEK 100
million - SEK 50 million in budget support and SEK 50 million in debt relief.
In principle budget support is only given to countries that clearly show they are capable of pursuing consistent and sound economic policies with a poverty focus. The Government's decision to grant this type of support is a direct expression of its great confidence in the Mozambican Government.
With this contribution Swedish support in connection with the flood disaster in Mozambique amounts to approximately SEK 165 million.
Ministry for Foreign Affairs
Dan Svanell
Press Secretary
08-405 55 50
070-560 17 93
Stefan Isaksson
Desk Officer
08-405 58 04
Gufran Al-nadaf Benali
Editor
08-405 57 18
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