There are no more hidden debts – Maleiane

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There are no more hidden debts – Maleiane

12:02 CAT | 21 Aug 2017

File photo / Miister of Economy and Finance Adriano Maleiane

The Minister of Economy and Finance Adriano Maleiane reacted to the information circulating last week that the Public Integrity Centre had identified more ‘hidden debts’ taken on in contravention of rules and totalling US$100 million. According to the CIP, the debts were contracted with China’s Exim Bank and financed the Beira Fishing Port and the National Road Administration (ANE).

Maleiane said, during a lecture on fiscal consolidation on Friday. that the information was false and that all problematic debts were out in the open.

“We have no hidden debts. All there was to clarify about the debt register and the numbers is clear. I do not know what the sources of this new information are, but what we can guarantee, as a government, is that we do not have that [any more ‘hidden debts’],” Maleiane said.

Also Read: CIP accuses government of taking out new ’hidden loans’

Also Read: Mozambique: Integrity Centre condemns inclusion of ‘hidden debts’ in State General Account

Source: O País