The International Monetary Fund (IMF) considers that Mozambique still depends heavily on aid from other countries, warning that despite the forecast growth of 4.1% in 2025, the country “runs risks if this aid decreases”.

Mozambique has a lot of debt and little money of its own to spend. The government needs to raise more taxes and spend more to keep schools, hospitals and roads running.

The IMF warns that, in countries like Mozambique, “the reduction in international aid could cut off an important part of the state's money”. “This could affect essential areas such as health and education,” it warns.

According to the IMF, despite some progress, the interest on the debt is very high and uses up a large part of the state's money, leaving little to invest in development projects. In addition, the government has increasingly turned to local banks, which increases the risk of financial problems.

Inflation fell from 6% to 4%, but the price of food and imported products is still expensive. The metical is weak, and foreign money reserves don't even cover three months of imports.

To this end, the IMF advises Mozambique to improve tax collection, control debt and use new forms of financing, such as partnerships with companies and social projects. Other countries in the region, such as Rwanda and Togo, have already shown that this works.