Debt Still Secret, But Mozambique Govt Plans More

With crucial details of the U.S.$2 billion loan still secret, Mozambicans are paying the price as the Filipe Nyusi-led government plans to increase the internal public debt by at least U.S.$1,4 billion to finance the state budget. Mozambique's international partners have decided to suspend aid to the country for the third consecutive year, following reports of hidden debt in the public accounts.

  • Mozambique:   Internal Public Debt Set to Increase

    Verdade, 29 May 2018

    The Government of Filipe Jacinto Nyusi plans to increase the Internal Public Debt during the 2018 fiscal year by at least 84.2 billion meticais to finance its State Budget which is… Read more »

Photo: Pixabay



See What Everyone is Watching