Since then the IMF has delivered some targeted aid to help Mozambique recover from natural disasters and cyclones, but the extended credit facility would be its first formal programme.

IMF Statement on Mozambique. April 18, 2025. Washington, DC: An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, visited Maputo from February 19 to March 4, 2025, to discuss ...

Nigeria is ranked 12th among the world's poorest nations in 2025, with a GDP per capita of $807, highlighting ongoing economic challenges despite its large economy.

IMF Suspends Lending to Mozambique. Fund says country’s failure to disclose more than $1 billion in loans violated terms of borrowing arrangement . By . Julie Wernau. Share. Resize.

Mozambique's 2024 economic growth is likely to be revised down from a previous forecast of 4.3% due to post-election civil unrest and the impact of Cyclone Chido, a senior International Monetary ...

A team from the International Monetary Fund will travel next week to Mozambique, which is struggling to reassure investors after the revelation earlier this year of at least $1.4 billion in hidden ...

The International Monetary Fund has added its voice to the growing diplomatic clamor for an international audit of Mozambique’s finances. IMF staff traveled to Mozambique in recent days to ...

Mozambique’s government is in a bind as it comes under pressure from protesters demanding that it tackle high living costs while the International Monetary Fund presses it to rein in spending.

Mozambique will by the end of the month remove at least 5,000 so-called ghost workers from its payroll, ... Mozambique to Cut 5,000 Ghost Workers, IMF Says After Warning.

The International Monetary Fund will grant Mozambique a $118.2 million credit facility to help it rebuild infrastructure after a devastating cyclone that killed hundreds of people and flattened ...

IMF halts Mozambique aid after finding undisclosed debts of $1bn on whatsapp (opens in a new window) Save By Andrew England in Johannesburg. Published April 18 2016.

The Managing Director welcomed that the President indicated the Government of Mozambique’s willingness to work with the IMF on the terms-of-reference for this process—to be initiated by the office of ...