Mozambican leader blames security threat for decision to hide debt from IMF

Mozambican Prime Minister Carlos Agostinho do Rosario on Thursday blamed the country’s instability for a government decision to hide $1.4bn of debt used to fund maritime security vessels. The International Monetary Fund (IMF) said two weeks ago it had suspended aid to the African nation “pending a full disclosure and assessment of the facts” over … Continue reading Mozambican leader blames security threat for decision to hide debt from IMF