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The International Monetary Fund will consider a $130 million accelerated aid package for storm-hit Mozambique as soon as next week, a senior IMF official said Friday.
Mozambique’s government debt fell to 91% of GDP in 2024 from 97.7% in 2023, mostly reflecting the out-of-court settlements ...
According to Fitch Ratings, the suspension of USAID support to Mozambique, which represented the equivalent to 3% of ...
It gets more complicated. Mozambique and its bondholders are not the only parties involved in the debt restructuring process to come. Mozambique has held informal talks with the IMF and is hoping to ...
The rating agency Fitch recognises that the suspension of US aid to Mozambique by USAID also had an impact on the foreign currency shortage ...
The International Monetary Fund board on Friday approved an $118.2 million credit that will be rushed out for cyclone-devastated Mozambique to help with the recovery efforts.
After reaching as high as 18% on April 9, the bid yield on Mozambique’s US$900m 9% Eurobond due in September 2031 has come down to 13% with a bid price of 87.125 as of August 7, according to LSEG data ...
Instead, the country’s budgetary resources have often been wasted on corruption. Mozambique ranks 146th out of 180 in the ...
The IMF has predicted growth this year of 4.3 percent. Almost 55 percent of Mozambique's state budget is provided by group of 19 donor countries and institutions, known as Programme Aid Partners .
The International Monetary Fund plans a mission to Senegal in August to address hidden debt and start talks on the "contours" of a ...
Mozambique's economy expanded by an average 8.5 percent between 2000 and 2007 but growth eased 6.2 percent in 2008, as a result of flooding in some areas and drought in others.