The International Monetary Fund (IMF) is seeking to rally the Group of 20 countries around a new effort to help poor countries reduce their debt burden, avoid default and stabilize their economies. Although the plan is at an early stage, it could include restructuring existing loans, debt swaps and guarantees...
The Mozambican state must eliminate around 5,000 civil servants from its payroll by the end of this month, according to a warning from the International Monetary Fund (IMF). By the year 2028, Mozambique's plan is to reduce the amount it spends on civil servants to 10% of Gross Domestic Product,...
A delegation from the International Monetary Fund (IMF) is expected in Mozambique next month to assess the latest macroeconomic advances. The Minister of Economy and Finance, Max Tonela, said this in Washington, USA, on the sidelines of the annual spring meetings organized by the IMF and the World Bank. The work is part of the...
An Oxfam analysis reveals that Mozambique is one of the countries with a high level of income imbalance due to loans or subsidies from the International Monetary Fund (IMF) and/or the World Bank (WB). Oxfam based its study on a Gini coefficient above 0.4, a level considered alarming by the United Nations....
The International Monetary Fund (IMF) has announced the re-election of Kristalina Georgieva for a second term as Managing Director of the institution. In fact, the 70-year-old Bulgarian, who was vice-president of the European Commission and managing director of the World Bank, was the only candidate to succeed herself. And, according to the IMF Executive Board,...
The Mayor of Quelimane is one of those invited to take part in a round table with multilateral development banks in Whashington, USA, on April 19. The event will take place on the sidelines of the spring meetings of the International Monetary Fund (IMF) and the World Bank (WB)...
Text: RTP The International Monetary Fund (IMF) wants the Mozambican government to "life proof" all civil servants by June of this year, as part of the country's technical and financial assistance program. The information is contained in the recent report that completes the IMF's third assessment of the implementation of the...
Almost half of the taxes collected in Mozambique in 2022 were collected through the electronic tax management system "e-tributação", which is expected to be fully implemented by the end of this year, according to documents The International Monetary Fund (IMF) report, with the commitments made by the Mozambican government, indicates that the Tax Administration (AT) "is on the right...
The International Monetary Fund (IMF) yesterday (06) approved the second review of the Extended Credit Facility (ECF) for Mozambique, guaranteeing a disbursement of 60.6 million dollars, and revised GDP growth from 5 to 7%. "In light of the mixed programmatic results, the authorities have taken substantial steps to resolutely address the macroeconomic challenges...
The International Monetary Fund (IMF) today said it was in favor of the European Union exploring the creation of a digital euro in order to "not fall behind" other powers, but called for it to be "cautious and careful" in carrying it out. "The reality is that the EU cannot be left out of what is...