No escape for Mozambique as debt troubles mount – ValueWalk Premium

No escape for Mozambique as debt troubles mount

Mozambique’s renewed efforts to solve its spiralling “secret debt” crisis have again collapsed, leaving the country struggling to recover its reputation as one of Africa’s potential growth hotspots. Last week, Finance Minister Adriano Maleiane flew to London to present creditors with a long-awaited restructuring plan for the $2.2-billion (1.77 billion euros) debt that Mozambique has defaulted…



Letti-S / Pixabay

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