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Agriculture recovery to cost US $64m

Mozambique's agriculture minister, Helder Muteia, announced at the weekend that his ministry would need about US $64 million to minimise the effects of the floods on the agricultural sector.

Speaking to Mozambique's news agency, Muteia said about 10 to 15 percent of the country's agricultural production had been affected and that it would take up to two years for the sector to recover fully from the effects of the floods.

Meanwhile, the World Bank announced at the weekend that it had approved a US $30 million loan to help Mozambique finance equipment for rebuilding damaged infrastructure.

The loan would be used to import construction materials, school and medical supplies as well as petroleum and fuel products.


This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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