MOZAMBIQUE: IMF emergency aid promises slight relief amid troubled outlook
On Friday, 24 April, the board of the International Monetary Fund (IMF) approved a disbursement of USD 309mn under the Rapid Credit Facility (RCF) to support Mozambique’s “urgent balance of payment and fiscal needs stemming from the COVID-19 pandemic.” Together with the G20 debt … Become a member to read the rest of this article […]
MOZAMBIQUE: More than one emergency
In a late-night session on 31 March, the National Assembly approved President Filipe Nyusi’s state of emergency declaration, which applies from 1 to 30 April, in response to the Covid-19 pandemic. However, Mozambique now faces multiple emergencies: not only the pandemic itself bu… Become a member to read the rest of this article