“We have an immediate capacity, in the coming months, to mobilize 200 million [dollars, 170 million euros]. And depending on the needs, we will see how we can expand this program,” said Fily Sissoko, Director of the World Bank Group for Mozambique, after a meeting at the Presidency in Maputo with Mozambican President Daniel Chapo.
The meeting, which served to present the head of state with the new five-year Country Partnership Framework (CPF) of around 3 billion dollars (2.55 billion euros), allowed, Sissoko explained, a discussion of the World Bank’s support for the country’s “flood response.”
“To ensure that our support is strengthened. We will also have a follow-up meeting with Minister Valá [Salim Valá, Minister of Planning and Development] on Wednesday to discuss the Government’s program and how we can really scale up,” the official added.
Read more about this topic: Mozambique rains have killed 215 people, affected 856,000 since October
At the end of the meeting at the Presidency, Mozambique’s Finance Minister, Carla Loveira, highlighted, as part of the partnership with the World Bank Group, “two additional lines” made available to the country, one of which is for “prevention and resilience,” worth 450 million dollars (382 million euros) and to be implemented over three years.
Additionally, an emergency support of 20 million dollars (17 million euros) has already been provided to fund urgent actions related to the floods. “Essentially for the acquisition of food, for the acquisition of medicines, and also for the acquisition of emergency sanitary products,” said Carla Loveira.
