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
08-405 57 18

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