World Bank has announced a funding package of up to $6 billion for Mozambique over the next five years to support job creation and strengthen macro-fiscal stability.

The support comes amid continued economic pressure following warnings from the International Monetary Fund about fiscal vulnerabilities. The funding is expected to help accelerate structural reforms and improve budget execution under President Daniel Chapo’s economic reform agenda.

Economist Egas Daniel of the IGC-Mozambique said the agreement could help strengthen economic resilience if reforms are effectively implemented. He noted that improving public financial management and expanding employment opportunities will be critical to translating external support into long-term growth.

Analysts say the success of the programme will depend largely on policy consistency, transparency in public spending, and effective implementation of development projects.

–ChannelAfrica–