US EditionA new IMF deal will bring old problems
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A new IMF deal will bring old problems
Good afternoon. President Daniel Chapo has expressed optimism about Mozambique agreeing a new loan programme with the International Monetary Fund (IMF; see below). He met officials from the IMF in Seville yesterday during a United Nations conference. The Mozambican government has sorely missed the IMF’s lending since the last loan programme was abruptly ended in April this year. Not only would the interest-free loans be very welcome to a governm…
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