Africa Monitor

Africa Monitor Intelligence

Mozambique: IMF Withdraws in Economic Crisis Scenario

 
The early end of the IMF programme has saved the government from a negative evaluation that was taken for granted, which would have resulted in the final tranche of USD 120 million not being disbursed.
The future of relations with the IMF, which is generally very tolerant of slippages in the state's financial management, has now reached the lowest level since the discovery of the so-called ‘hidden debts’. READ MORE