Mozambique may make loan payment in ‘days,’ ministry says

Mozambique and VTB Bank PJSC of Russia are close to agreeing on a restructuring of a loan to a state-owned company in the southeast African nation and the $178 million interest payment that was due on May 23, a finance ministry spokesman said. “We are working very diligently with VTB to pay the outstanding interest … Continue reading Mozambique may make loan payment in ‘days,’ ministry says