In 2013, the government took out a debt of 47 million US dollars from India's Exim Bank for the construction of 1,200 houses, but the project never got off the ground, with a repayment of 1.75% over 22 years, or 18,095,000 dollars.

The provinces of Tete, Cabo Delgado and Manica were each supposed to benefit from 400 homes, but this never happened. The project, led by the Housing Development Fund (FFH), is part of the 2016 Economic and Social Plan, according to the Center for Public Integrity (CIP).

The government lost 14 million dollars in procurement internationally, where it awarded work to a poorly reputed Indian construction company that presented guarantees from a 'ghost bank'.

Mozambique had a grace period of seven years, and repayments were scheduled to begin in November 2023.

By paying interest on a project that is still on paper, after several years for its implementation, CIP believes that this is a denial of the socio-economic development of Mozambicans, on whom the negative effects of the debt will fall.

The Non-Governmental Organization also warns of the loss of financial credit due to high interest rates in the domestic market, conditioned by the state, which may experience more restrictions on the international financial market due to Mozambique's high levels of indebtedness.