Mozambique: $14 bn debt, selling assets – Joseph Hanlon

Mozambique’s actual total debt will be $14 bn, significantly more than present estimates of $12bn, according to a study by IESE, published 2 June: “A divida secreta mocambicana: impacto e consequencias economicas”. The difference is because the Mozambique Treasury reports debt on the basis of actual spending, but the value of debts contracted is larger. … Continue reading Mozambique: $14 bn debt, selling assets – Joseph Hanlon