Mozambique: 12.8 Million Dollars Disbursed Under Local Economic Development Fund

Maputo — The Mozambican government has disbursed 824.6 million meticais (about 12.8 million US dollars, at the current exchange rate) to fund thousands of projects throughout the country under the Local Economic Development Fund (FDEL).

According to the government spokesperson and Minister of Planning and Development, Salim Valá, who was speaking to reporters on Tuesday, after a meeting of the Council of Ministers (cabinet), the amount will boost local economies and improve the living…