The International Monetary Fund (IMF) said that Mozambique needs "greater fiscal consolidation, given its high debt and tight financing conditions". The information is contained in a statement released today by the IMF, following the conclusion of the regular consultation that allowed Mozambique "immediate access" to the equivalent of 60.3 million dollars "usable...
The government promised this week to continue with fiscal consolidation, but without reducing expenses. According to the Minister of Economy and Finance, Adriano Maleiane, this fiscal consolidation has to be understood as growth in austerity, and not reduction in expenditure. According to the minister, during his hearing in the Planning and Budget Commission (CPO) of the...