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News

Mozambique
clubofmozambique.com > news > imf-says-angola-needs-fiscal-consolidation-to-sustain-economic-stability

IMF says Angola needs fiscal consolidation to sustain economic stability

4+ day, 1+ hour ago   (79+ words) CLUB OF MOZAMBIQUE IMF says Angola needs fiscal consolidation to sustain economic stability An IMF staff team led ​by Mika Saito held ​discussions in Luanda and virtually from August ⁠24 to September 9 as part of Angola’s Post-Financing Assessment, the fund ​said…...

Mozambique
clubofmozambique.com > news > mozambiques-public-debt-reaches-e15bn-in-first-half

Mozambique's public debt reaches €15bn in first half

2+ week, 5+ day ago   (387+ words) According to the first-half Economic and Social Plan and State Budget (PESOE) report, seen by Lusa today, external financing disbursements to cover the deficit amounted to 12,455.8 million meticais, while the public debt stock stood at 1,117,374.3 million meticais. The public debt…...

Mozambique
clubofmozambique.com > news > mozambique-government-hopes-to-reduce-debt-service-to-6-of-gdp-by-2029

Mozambique: Government hopes to reduce debt service to 6% of GDP by 2029

3+ week, 5+ day ago   (439+ words) According to the Medium-Term Fiscal Scenario (CFMP) 2027–2029, recently approved by the cabinet, public debt servicing costs, including interest and repayments, will account for 5.8% of Gross Domestic Product (GDP) in 2027 and 2028 and 5.9% in 2029, down from the 7.5% estimated for 2025 and 2026. However, the…...