The state's internal debt could reach more than 1.2 billion meticais next year, corresponding to 79.8% of the Gross Domestic Product (GDP).

According to the Ministry of Finance, this projection represents an increase of more than three percent of GDP, considering that by the end of this year the debt will represent 76.9% of GDP.

The data is contained in the Fiscal Risks Report for 2026, which points to a current domestic debt estimated at more than 400 billion meticais.

Quoted by Radio MozambiqueThe Ministry's Director of Fiscal Risks, Nazira Dista, justified the increase in domestic debt by weak revenue collection and macroeconomic shocks.

"The public debt ratio remains high. Of these macroeconomic parameters, the exchange rate remains the variable with the greatest impact, given that 51% of the debt is denominated in foreign currency," he said.