State company Mozambique Asset Management (MAM), which benefited from state-guaranteed loans contracted outside public accounts, cannot afford the first repayment installment due on Monday 23 May and is seeking to restructure the debt in order to avoid default. “According to the company, MAM is negotiating to restructure because it does not have sufficient income to … Continue reading State company MAM unable to repay 1st intallment on Monday: “Restructuring” debt – Finmin