Mozambique, 52 other African countries attend the 1st China-Africa Economic and Trade Expo
File photo: Lusa
The United Nations Development Programme (UNDP) on Thursday in Maputo said that the country should invest in natural gas revenues in the social fields, aiming to ensure a qualitative and equitable development, as well as combating poverty, the UNDP representative in Mozambique, Alfredo Teixeira, said at a seminar on the challenges for national development under the Agenda 2030.
“We are aware that Mozambique’s social and economic context is quite complex and presents several challenges, but also great opportunities,” Teixeira said.
Despite the wealth of natural resources, mainly natural gas, the impact on poverty reduction will depend on the diversification of the economy and job creation, he added.
Last week, Maputo announced an investment of $25 billion (€21.9 billion) for the exploration of natural gas in the Rovuma Basin, the northern part of the country, by a consortium led by the U.S. oil company Anadarko.
On the Goals of Sustainable Development, Teixeira defended the mobilisation of synergies between the government, civil society and cooperation partners to achieve the goals.
A forum convened by the Finance Ministry and .@UNDPMozambique today gathered 150 people including Government Officials, UN Agencies, Development Partners, Civil Society, Academia and Private Sector to reflect on the country’s sustainable development through the #SDGs framework pic.twitter.com/CucBvDSO3P
— UNDP in Mozambique (@UNDPMozambique) June 27, 2019