Mozambique: World Bank grants US$79 million to Mozambique for education sector

25 August 2008

Maputo, Mozambique, 5 Aug – The World Bank has announced the concession of US$79 million for the Mozambican “Education for All,” programme.

The funding will be applied to activities of the Ministry of Education and Culture including primary education, secondary and technical-professional education, teacher training, higher education, school health, school sport and institutional development.

The resources will be channelled via the Fund for Support fo the Education Sector (FASE), as agreed in the document signed between the Ministry for Planning and Development and the World Bank.

The funding will cover activities for three consecutive years, that is until 2010, as for this year US$30 million will be spent.

Michael Baxter, the regional director of the World Bank for Angola, Malawi, Mozambique, Zambia and Zimbabwe, said that the funds now allocated were to be applied to programmes aimed at meeting millennium goals, which were essential for the country’s development.

Nine partner currently provide funding for the Mozambican education sector via FASE; namely Canada, the Netherlands, Ireland, Finland, Germany, the United Kingdom, Portugal, Spain and UNICEF. (macauhub)