Bips & Pieces

Mozambique Secures USD309mn IMF Loan for Balance of Payments Support

The International Monetary Fund (IMF) approved a SDR227.2mn (approx. USD309mn) emergency loan for Mozambique late last week in a bid to help the country meet urgent balance of payment and fiscal needs stemming from the COVID-19 pandemic.

Apr 27, 2020 // 11:00AM

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