{"id":43972,"date":"2023-08-03T17:48:37","date_gmt":"2023-08-03T17:48:37","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros"},"modified":"2023-08-03T19:52:22","modified_gmt":"2023-08-03T19:52:22","slug":"european-union-to-support-state-budget-with-430-million-euros","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros","title":{"rendered":"European Union to support State Budget with 430 million euros"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The European Union will disburse 430 million Euros (about 472 million dollars at the current exchange rate) to support the Mozambican State Budget in 2024.<\/p>\n

This sum was guaranteed by Jose\u0301 Fernandes, a member of the European Parliament (MEP), after meeting in Maputo on Thursday with the Mozambican Minister of Economy and Finance, Max Tonela.<\/p>\n

\u201cEven with this support, we think that there are still a lot of mechanisms that can be used to help the development of Mozambique. It can be through the European Fund for Development, which provides loans made available by European Union funds\u201d, said Fernandes.<\/p>\n

According to Fernandes, the Mozambican economy has been recovering positively through updates and improvement of the financial system.<\/p>\n

\u201cWe notice that the Mozambican government is modernizing the economy. We think that the creation of the sovereign wealth fund will allow the country to save the revenues from the export of natural gas and strengthen the economy\u201d, the MEP said.<\/p>\n

Fernandes also mentioned that the European Union intends to continuously support Mozambique to face humanitarian crises caused by natural disasters, in addition to disbursing 90 million Euros to strengthen peace through its military force in the northern province of Cabo Delgado, which has been plagued by Islamist terrorism since 2017.<\/p>\n

\u201cWe are available to support Mozambique in the modernization of its financial system\u201d, he stressed.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The European Union will disburse 430 million Euros (about 472 million dollars at the current exchange rate) to support the Mozambican State Budget in 2024. This sum was guaranteed by Jose\u0301 Fernandes, a member of the European Parliament (MEP), after meeting in Maputo on Thursday with the Mozambican Minister of Economy and […]<\/p>\n","protected":false},"author":84,"featured_media":43971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-43972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nEuropean Union to support State Budget with 430 million euros - Mozambique<\/title>\n<meta name=\"description\" content=\"The European Union will disburse 430 million Euros (about 472 million dollars at the current exchange rate) to support t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European Union to support State Budget with 430 million euros\" \/>\n<meta property=\"og:description\" content=\"The European Union will disburse 430 million Euros (about 472 million dollars at the current exchange rate) to support t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-03T17:48:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-03T19:52:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1691072790.84.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"898\" \/>\n\t<meta property=\"og:image:height\" content=\"581\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"European Union to support State Budget with 430 million euros\",\"datePublished\":\"2023-08-03T17:48:37+00:00\",\"dateModified\":\"2023-08-03T19:52:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros\"},\"wordCount\":239,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1691072790.84.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-union-to-support-state-budget-with-430-million-euros\",\"name\":\"European Union to support State Budget with 430 million euros - 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