Browsing: Kroll Report

Economy Finance minister Adriano Maleiane presenting the 2018 budget to parliament, 11 December 2017.
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IMF ‘encourages’ transparency over ‘hidden debts’, and says restructures must be consistent with achieving debt sustainability, poverty reduction, and sustainable development Mozambique will not offer a share of gas revenues to the holders of government-guaranteed syndicated debts [...]

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Economy EMATUM's fleet in Maputo harbour, March 2018. Photo © Tom Bowker / Zitamar News
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Mozambique is currently in negotiations with the International Monetary Fund for an unfunded staff-monitored programme (SMP) to start at the beginning of 2019, which could lead to the financial support restarting later that year.

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Economy The head of the IMF's African Department, Abebe Aemro Selassie, at the 2017 Annual Meetings. Photo: IMF
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The head of the International Monetary Fund’s (IMF) Africa department says he has no new information to report on Mozambique’s hidden debts, telling journalists last week that the Fund is still waiting for further clarifications from government. [...]

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