The Mozambican government has decided against defaulting on the debts contracted by the state or quasi-state companies EMATUM (Mozambique Tuna Company) Proindicus and MAM (Mozambique Assets Management), but it will not prioritise repaying these government guaranteed loans, Prime Minister Carlos Agostinho do Rosario told the country’s parliament, the Assembly of the Republic, on Wednesday. Addressing … Continue reading No default, but government will not prioritise debt service