IMF confirms hidden debt of 1.37 billion in Mozambique, cancels positive assessment of support program

The International Monetary Fund (IMF) has announced that Mozambique has failed to meet its financial disclosure obligations under the support program and has cancelled its positive assessment of the implementation of this program, although requiring no further measures. “Due to the non-observance of the continuous assessment criterion on the ceiling for the contracting or guaranteeing … Continue reading IMF confirms hidden debt of 1.37 billion in Mozambique, cancels positive assessment of support program