IMF debt repayment shows Mozambique wants to restore confidence – Minister

The Mozambican Finance Minister stated yesterday that the early full repayment of the 630 million euro debt to the IMF demonstrates a “capacity for prudent management” of commitments, proving to the markets that Mozambique intends to “restore confidence.” “By settling this obligation ahead of schedule, the Mozambican State demonstrates a capacity for prudent management of… Source

IMF debt repayment shows Mozambique wants to restore confidence – Minister
The Mozambican Finance Minister stated yesterday that the early full repayment of the 630 million euro debt to the IMF demonstrates a “capacity for prudent management” of commitments, proving to the markets that Mozambique intends to “restore confidence.” “By settling this obligation ahead of schedule, the Mozambican State demonstrates a capacity for prudent management of…

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