Donors slash Mozambique budget aid

2014-06-14 06:15

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

kalahari.com

Malputo - Foreign donors have cut aid to Mozambique's government by 11% compared to last year amid concerns over corruption, an official said on Friday.

The group of donors who contribute aid directly to the southern African nation's coffers pledged $275m in aid this week, down from $309m last year.

Norway decided to stop its commitment altogether, joining Belgium, the Netherlands and Spain who all pulled out from direct budget support recently.

Italy's ambassador Roberto Vellano said "concerns over fiscal transparency, fighting corruption and other outstanding issues" had led "some partners to think they could no longer confirm their participation in this kind of support".

Germany and the United Kingdom have delayed committing funds and it is unclear whether they will do so before the end of the year. Pledges are usually calculated in May for the following year.

Mozambique, a country still struggling to rebuild its infrastructure after a devastating civil war that ended 21 years ago, has seen foreign aid dwindle steadily from over half of its government budget in 2010 to a third last year.

The latest reduction partly reflected an international trend to "decrease this modality of aid" in light of the global economic downturn, said Vellano.

But he said a spat between donors and the government last year over a controversial state-backed bond sale had contributed to donor discontent.

Donors were up in arms over the $800m bond to finance the controversial purchase of a tuna fishing fleet on behalf of a state company.

In the wake of the scandal an action plan aimed at improving fiscal transparency has been drawn up.

But aid has not dried up completely.

Some benefactors are increasing funds to earmarked sectors such as agriculture and health instead of giving it to the government directly.

Total foreign aid commitments this week added up to $560m.

Read more on:    mozambique  |  southern africa  |  aid
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
7 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Music
 

17 photo illusions that look so real

What if they aren’t illusions? What if that dog really has a human foot – then what?

 
 

For chic geeks...

It’s THIS easy for someone to steal your ATM pin!
Check out the speed of this robo-cheetah!
New GIF keyboard on iOS for added fun!
Puppy goes crazy over iPad game

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Pre-order your iPhone 6 at kalahari.com

Hurry and pre-order your own iPhone 6 now at SA’s favourite online store!

Bargain box – 60% off

Reduced prices, very limited stock. While stocks last. Hurry and shop now!

Mind blow low prices on electronics

Get either the Prestigio multiphone or Proline tablet 7” tablet for only R699. Offers valid while stocks last. Shop now!

30% off Barbie toys

Save 30% on all Barbie toys and accessories. Offer valid while stocks last. Shop now!

Baby extravanganza month at kalahari.com

Celebrate baby month with a wide range of awesome baby products. Offers valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Don`t judge so quickly or expect too much, be more accepting and understanding and make space for fun and spontaneity. ...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.