Cash in circulation in Mozambique exceeds 67 billion meticais
Photo: O País
Mozambique has a shortfall of 9 billion meticais (€134 million) to cope with the current rainy season, the president of the National Institute for Disaster Risk Reduction and Management (INGD) said on Monday.
“We have a deficit of 9 billion meticais. In order to make up for this deficit, we will rely on support, on the mobilization of various resources from partners, from the community in general,”, Luísa Meque, president of INGD, told the media.
Without giving a forecast of the impacts of the 2024-25 rainy season, she said that Mozambique needs a total of 11 billion meticais (164 million euros) to deal with weather impacts.
The amount will be used to provide assistance to several sectors affected by the bad weather. These include the health, agriculture and public works sectors which are those that, , according to Meque, “have suffered a lot” during the rainy and cyclonic season, which runs from October to April.
“When we talk about resource mobilization, we are not only referring to financial resources, we also consider (…) the mobilization of resources by type, in this case food and non-food products (…). Any support that may be necessary to deal with the rainy season is reflected in the proposal or forecast in terms of the budget to be used”, said the president of INGD.
The last rainy season in Mozambique, 2023-24, affected around 240 thousand people, completely destroying more than 1,800 houses, according to data presented in June by the Government.
Between 2019 and 2023, extreme weather events such as cyclones and storms caused at least 1,016 deaths in Mozambique, affecting around 4.9 million people, according to a report by the National Statistics Institute (INE) to which Lusa had access.
In its 2023 Basic Environmental Indicators report, the INE details all extreme events since 2019, and their respective consequences, including 2,936 people injured in the four-year period.
Mozambique is considered one of the countries most severely affected by global climate change, cyclically facing floods and tropical cyclones during the rainy season, which runs from October to April.
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