The government of France has donated 500,000 euros to Mozambique to finance the completion of studies in the tourism and energy sectors, and the donation was formalised Friday in Maputo.
Mozambican daily newspaper Notícias, wrote that the donation document signed is part of the agreement to use funds from a pardon of Mozambique’s debt, estimated at 17.5 million euros, the agreement for which was signed in 2015 in Paris by the two governments.
The French ambassador to Mozambique, Bruno Clerc, said that the total debt written off, of 10 million euros was earmarked to support the state budget, and that 4 million euros had already been disbursed in December.
The donation document provides funding for studies in the area of vocational training in the two sectors concerned.
Clerc said that the studies would help to make decisions about which projects to finance in the tourism and energy sectors in the 2016/2019 period. (macauhub/MZ)