IMF to Visit Mozambique in June for Loan Program Talks
The IMF will send a team to Mozambique this June to discuss a new loan program as the nation faces high debt and a shrinking economy. Talks will focus on fiscal reforms.
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The International Monetary Fund (IMF) has scheduled a mission to Mozambique for June to advance negotiations on a new loan program. The move comes as the southern African nation grapples with a combination of rising debt, a contracting economy, and limited fiscal capacity to support essential public services.
