Servicing Mozambique’s public debt to cost 4.5 percent of GDP per year – Fitch

Rating agency Fitch on Friday estimated that Mozambique’s public debt stands at 80 percent of gross domestic product, with annual interest payments running at approximately of 4.5 percent of the same measure. “Public debt has risen rapidly in the last six months due to a combination of the exchange rate weakening and additional debt disclosure … Continue reading Servicing Mozambique’s public debt to cost 4.5 percent of GDP per year – Fitch