Mozambique Hopes IMF Mission Leads to New Loan
Mozambique says an IMF mission could pave the way for a new support programme following recent talks. However, the fund notes that further economic reforms may still be required first.
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Mozambique's finance ministry said on Friday that a recent International Monetary Fund mission could pave the way for a new support programme, though the fund indicated further economic reforms are required. The discussions follow the expiration of the country's previous funding arrangement in April 2025. Securing a new deal is critical for the nation as it navigates a heavy debt burden and delayed Natural Gas export projects.
