Mozambique Braces for Steep Rise in Debt Service

In 2024, Mozambique’s debt service costs are projected to increase by 18%, reaching over 116.631 billion meticais (approximately $1.712 billion). This information comes from the Mozambican government’s recent report. The 2024 Economic and Social Plan and State Budget outline this increase. The budget is currently under discussion in parliament. The debt service costs will account […]

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