IMF has no intention of breaking relations with Mozambique – Tomaz Salomão

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IMF has no intention of breaking relations with Mozambique – Tomaz Salomão

3:43 CAT | 20 Apr 2016

Rádio Moçambique (File photo) / Tomaz Salomão

Former Mozambican Finance Minister and former SADC Executive Secretary Tomás Salomão, has “taken the drama out of the scene” over the cancellation of the arrival of the evaluation mission of the International Monetary Fund (IMF), to Mozambique.

For Salomão, this is a normal procedure that will allow the Mozambican government and the International Monetary Fund to exchange information on the debt contracted in recent years.

The former Minister of Finance points out that, judging by his experience, there is currently no intention of the IMF or the World Bank to break relations with Mozambique.

Tomaz Salomão also said that is not the first time that the coming of a mission of the International Monetary Fund for Mozambique is delayed.

An economist by profession, Salomão, 61, has been in the private sector since serving as Executive Secretary of the SADC from 2005 to 2013.

He served as Mozambique’s Minister of Transport and Communications from 2000-2004. During this period, he also held international posts as chairperson of the ministers committee of the African Union charged with the development of ICTs in 2003-2004, and as chairperson of the SADC Transport and Communications Committee (SATCC) from 2000 to 2002.

He served as Minister of Planning and Finance from 1994 to 1999, during the period of reconstruction in Mozambique following the peace accord.

During the same period, he also served as governor for Mozambique at the African Development Bank, International Monetary Fund and the World Bank.

His career in government began when he served as Secretary of State for National Defence from 1983 to 1989. From this post he rose through the ranks to become Deputy Minister of Planning and Finance, 1990 to 1994.

Prior to his SADC appointment, Salomão was a member of parliament in Mozambique following elections in December 2004.

Salomão received his academic training in Mozambique where during his early academic years he was awarded a qualification as Certified Public Accountant in 1972. In 1976 he was awarded a Bachelor of Arts Degree in Economics and in 1990 he achieved his Master of Arts in Economics from the Eduardo Mondlane University in Maputo where he later became an economics lecturer between 2002 and 2004. He holds a PhD candidate in economics from the Johns Hopkins University, in Baltimore, Maryland, USA.

Source: Rádio Moçambique / sardc.net