Mozambique has received $661 million in support to address covid-19 during 2020, of which it has already used 68 percent, according to the government’s latest report.
Of the total $700 million that Mozambique requested about a year ago, the disbursement of 661 million by partners corresponds to 94% of the needs.
The Mozambican government has already distributed much of the aid. In total, by December 31, 450.5 million dollars had been delivered to different sectors in need, and the remainder, about 210 million dollars, remains in an emergency account “opened at the Bank of Mozambique and will be channeled according to the programming for the Covid-19 emergency.
The latest report (the fifth) on partner support to face the pandemic was published Friday on the Ministry of Economy and Finance (MEF) website.
The document lists three main areas where the 450.5 million were used: support to the State Budget (SB) to cover the loss of revenue resulting from the fall in Gross Domestic Product (GDP), prevention and treatment of Covid-19 and direct support to families
Regarding these three points, Mozambique received $511 million from partners to support the OE: $309 million from the International Monetary Fund (IMF), $101.5 million from the World Bank, $60.6 million from the European Union (EU), and $40 million from the African Development Bank (AfDB).
Of the money received, $300 million was used, the majority ($183 million) by the treasury of the Ministry of Economy and Finance.
This is followed by school infrastructure ($47 million), the energy fund ($15 million), small business treasury support through the National Investment Bank (NIB) ($15 million), health ($12.6 million).
Other sectors are agriculture ($10 million), social action ($8.3 million), emergency intervention in education ($4.7 million), and water supply ($4 million).
Elsewhere, of the $100 million the government needed for prevention and treatment, $111.4 million was disbursed by partners, nearly $72 million in cash and $39.4 million in kind.
The Health sector received the nearly $72 million in cash, of which 60% was left under management by the partners for direct payments according to MOH’s list of needs.
In a third point, the partners disbursed $39 million for transfer to families, and the Government “proceeded to the payment of subsidies to all existing beneficiaries in social protection programs and initiated the payment of subsidies to new beneficiaries identified under Covid-19”.
