
World Bank Approves Mozambique's Scandal Clean-up
Prashant Trivedi
0 min
News
Description
The World Bank says it intends to resume direct budget support to Mozambique, six years after it was suspended when more than $2.7bn of undisclosed state debts were discovered. <br />World Bank official Idah Pswarayi-Riddihough says the first trench of $300m would be up for approval by the end of June. <br />She explained that this help would allow the government to create more resources for development that would also help deflect the economic impact of the Ukraine crisis and the coronavirus pandemic.
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World Bank Approves Mozambique's Scandal Clean-up
Prashant Trivedi