AMI 10 May 2022: Mozambique receives IMF board approval
Africa Markets Podcast
English - May 10, 2022 05:39 - 1 minute - 1.78 MBNews Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Mozambique: The IMF board has approved an Extended Credit Facility (ECF) to Mozambique worth 340.8mn SDR (US$456mn). According to the board, “The three-year arrangement will help support the economic recovery and policies to reduce public debt and financing vulnerabilities, creating space for priority investments in human capital, climate adaptation and infrastructure.”
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