Friday, August 10, 2007

U.N. grants Mozambique $496 million in aid


MAPUTO, Aug 10 (Reuters) - The United Nations will grant Mozambique $496 million in aid over the next two years to boost the country's efforts to develop its economy, improve governance and fight against AIDS, an official said on Friday.

U.N. communications officer in Mozambique Luis Zaqueu told Reuters the world body would give $156 million to develop human capital, $119 million on governance, $118 on economic development and $103 million to fight AIDS.

Half of Mozambique's 2007 budget of $2.8 billion is financed by donors helping the former Portuguese colony rebuild after decades of a civil war that ended in the 1990s.

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