IMF ready to help Mozambican authorities to solve financial crisis

27 October 2016

The International Monetary Fund (IMF) said Wednesday that it recognises the efforts of the Mozambican authorities to make debt sustainable and said it is ready to help them.

The IMF team recognises the intention of the Mozambican authorities to initiate discussions with certain creditors with a view to return Mozambique’s debt to a sustainable path, as announced by the Finance Minister at a meeting with creditors in London.

The IMF team is “ready to assist the authorities in their efforts,” according to a short statement issued by the IMF representative in Maputo. (macauhub)