- Despite planning to increase revenues to grill its domestic economy, Mozambique will still continue to rely on foreign aid to carry out 49 percent of its expenditures.
This is contained in a document the Mozambican government sent to the parliament.
Designed by the Council of Ministers on the Plan of Action for Reducing Absolute Poverty 2006-2009 (PARPA II), the document indicates sharp increase on external dependence. The document however forecasts an increase in public revenues.
At the moment, 54 percent of Mozambicans are confined to poverty. But PARPA II implementers want to reduce poverty by 10 percent in 2009.
A partnership between Mozambique and a group of 18 countries allows the country to secure direct aid to consolidate its budget. Mozambique has one of the biggest programmes set aside for poverty alleviation in Africa.
Being a donors' favourite for over a decade, Mozambique also has one of the continent's highest shares of foreign aid to support its budgets. This aid is said to have done much to reduce poverty in the country, which was the world's poorest and less developed when it came out of civil war in 1994.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.