Maputo, Mozambique, 16 Aug – The Mozambican government signed last Friday in Maputo a financing agreement with the German Development Bank worth 47 million euros to support implementation of the Education Sector Strategy Plan until 2013.
The contract was signed a day after the Mozambican Education Ministry announced a 20 percent reduction in the international community’s support for education in the country, due to the international financial crisis.
The ministry’s national director for planning and cooperation, Manuel Rego, said that in 2010 the cooperation partners only put forward 376 million euros, so the government was looking for external financing alternatives to meet the goals set for the sector.
Besides supporting the fund that co-finances implementation of Mozambique’s education sector strategy plan for the 2010-2013 three-year period, the amount now made available by Germany will also serve to enhance conditions for access to education, especially for women.
A press release posted on the Bank of Mozambique website indicates that the German support comes under the scope of the recommendations and commitments assumed by the Mozambican government and the G-19 partners (group of 19 major international partners of the state budget), with a view to participation in the Joint Support Programme for the Education Sector signed in 2006. (macauhub)