Nyusi expects agreement with IMF on Mozambique’s debt
Reuters (File photo) / President of Mozambique Filipe Nyusi photographed in the United Nations, New York, in September 2015
The President of Mozambique, Filipe Nyusi, said on Thursday in Brussels that he expects Mozambique will reach an agreement with the International Monetary Fund (IMF) on the country’s debt, noting that the issue “has to be resolved”.
“We are taking responsibility to find solutions with the IMF and return to normal life, ” Filipe Nyusi told reporters.
“We are attempting to find solutions with the IMF and return to normal life,” Nyusi told reporters.
“Clarifications are already being made. The has to be resolved; there is no interest in incriminating the country,” Nyusi said, referring to the suspension of the payment of the second instalment of an IMF loan.
“The debt is restructured and I hope that any others that might happen are restructured,” he said.
On Wednesday, Mozambican Prime Minister Carlos Agostinho do Rosario met the director general of the IMF, Christine Lagarde, in Washington and acknowledged the existence of more than a billion US dollars of external debt of that Mozambique had not been previously reported.
President Nyusi is in Brussels on Thursday and Friday for meetings with Belgian authorities and entrepreneurs and representatives of the European Union.
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