IMF gives Mozambique $118 million for Cyclone Idai rebuilding

FILE PHOTO: A woman walks with her children past flooded houses in the aftermath of Cyclone Idai in Tica near Beira, Mozambique March 31, 2019. REUTERS/Zohra Bensemra

MAPUTO (Reuters) – The International Monetary Fund will grant Mozambique a $118.2 million credit facility to help it rebuild infrastructure after a devastating cyclone that killed hundreds of people and flattened whole villages, the lender said on Friday. More than 1,000 people have been reported killed by the storm in Mozambique, Zimbabwe and Malawi after […]

Continue reading this article with a Fiji Times online membership.

More Stories