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Mozambique: Is Finance Minister Maleiane Not Correctly Hearing the IMF?
Mozambique News Reports And Clippings, 24 May 2018
The IMF is not demanding more information on the secret debt, Finance and Economy Minister Adriano Maleiane told parliament last week (O Pais 17 May). Yet two statements this year… Read more »
No Escape for Mozambique as Secret Debt Troubles Mount
Mozambique's renewed efforts to solve its spiralling "secret debt" crisis have again collapsed, leaving the country struggling to recover its reputation. The IMF says government has not done enough to explain how U.S.$2 billion in loans was spent and roughly a quarter of the money remains unaccounted for.
InFocus
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As they end a 10-day mission to Mozambique, the International Monetary Fund officials have expressed dissatisfaction with the continuing uncertainty about debts built up by ... Read more »
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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 »
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Economy and Finance Minister Adriano Maleiane has defended the feasibility study which was used to justify the U.S.$2 billion in secret loans, reports Mozambique News Reports And ... Read more »
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The government guarantees have been described as unconstitutional, and the controversial loans should have been standard loans to the three implicated private companies. Read more »
