JOHANNESBURG, Dec 21 (Reuters) - The International Monetary Fund will start discussions next month on an extended credit facility with Mozambique, the fund said on Tuesday, its first potential ...

Washington, DC: An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, visited Maputo from February 19 to March 4, 2025, to discuss policy implementation under the ECF arrangement.

The IMF said it had stopped a $55 million loan disbursement to Mozambique after it became aware of the unreported loans made by Credit Suisse Group AG and VTB Group of Russia.

Mozambique’s government is in a bind as it ... revenue and runs counter to a program it had agreed with the IMF that could secure it almost $120 million in financing.

"Growth went from 4.5% in the second quarter to 3.7% in the third quarter, before the protests started," Olamide Harrison, the IMF's Mozambique resident representative, told Reuters. "In the ...

Maputo — The Executive Board of the International Monetary Fund (IMF) declared on Monday that it is allowing immediate disbursement to Mozambique of 45.44 million Special Drawing Rights (SDRs ...

"Once approved by the IMF board and finalized by the executive board, Mozambique will have immediate access to 45.44 million Special Drawing Rights [59.8 million dollars at the current exchange ...

Alvaro Piris, who led the IMF staff's first review under Mozambique's Extended Credit Facility from Sept. 5-16, said the country's economic recovery was continuing, with real gross domestic ...

The IMF has held “useful discussions” with Syria’s economic team and is preparing to support the international community’s ...

Since then the IMF has delivered some targeted aid to help Mozambique recover from natural disasters and cyclones, but the extended credit facility would be its first formal programme.

“Growth went from 4.5% in the second quarter to 3.7% in the third quarter, before the protests started,” Olamide Harrison, the IMF’s Mozambique resident representative, told Reuters.