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Mozambique: Mozambicans Pay Dearly for a President's Financial Mistake
IRIN, 16 May 2017
Diagnosed HIV-positive two years ago, Kayana Kandagona* suffers regular episodes of dizziness. However, this is not the cause of the 34-year-old's anxiety as she waits for a… Read more »
Mozambicans Pay Dearly for a President's Financial Mistake
This year, Mozambique, which had a GDP of $15 billion in 2015, began to default on debt repayments. Public opinion has heaped the blame squarely on Guebuza, a two-term president with a checkered history of corruption scandals and human rights concerns, writes Guy Arnold for IRIN.
InFocus
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Parliament has legalised the remainder of the U.S.$2 billion secret loans and accepted them as legitimate government debt before the completion of a forensic audit, in a move that ... Read more »
