Mozambique’s Minister of Finance, Carla Lôreira, chaired the high-level meeting on Friday, 27 March, for the joint review of the World Bank-funded project portfolio in Mozambique. This is a joint exercise that the Ministry of Finance and the World Bank are conducting in close coordination with the Sectoral Ministries, within the framework of the approval of the new Country Partnership Framework (CPF) 2026–2031. Speaking to the participants, the Minister of Finance said that the Panel represented the culmination of a series of sectoral technical-level meetings that had taken place over the past few weeks.
At these meetings, concrete mechanisms were identified to accelerate the implementation of certain projects, as well as the need to cancel some project funds with a low level of execution, affirmed Carla Lôreira. Finally, she praised the role of the World Bank as a Strategic Partner of Mozambique, a long-standing relationship founded on mutual trust and a shared commitment to the sustainable development of the country, while reaffirming the Government’s commitment to ensuring that the portfolio of projects financed by the IDA effectively contributes to the objectives of the CPF 2026–2031.
Read Full Article on Club of Mozambique
All Zim News – Bringing you the latest news and updates.