The International Monetary Fund (IMF) said \u200cthis Friday it discussed Mozambique’s request for a fund-supported arrangement, as it concluded a week-long mission to the heavily indebted African country.<\/p>\n
<\/p>\n
Mozambique is facing a “challenging economic \u2060situation,” Pablo Lopez Murphy, who led the IMF team that visited Maputo from June 8 to 12, said in a statement.<\/p>\n
<\/p>\n
“Economic activity is gradually recovering from a contraction in 2025, but growth remains subdued,” he said.<\/p>\n
<\/p>\n
The IMF staff team told Reuters that its \u200cobjective \u2060was to review recent economic developments, discuss the authorities’ plans to restore fiscal and debt sustainability, and explore how the Fund can best \u2060support Mozambique going forward.<\/p>\n
<\/p>\n
The IMF reclassified the Southern African country’s debt as unsustainable in February, citing \u2060a deterioration in public finances.<\/p>\n
<\/p>\n
The country’s debt problems date back to a 2016 \u2060hidden-debt scandal, which wrecked investor confidence and curbed access to funding.<\/p>\n
<\/p>\n
–Reuters–<\/p>\n","protected":false},"featured_media":16356,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-36986","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"IMF said \u200cthis Friday it discussed Mozambique's request for a fund-supported arrangement","published_date":"2026-06-12 19:30:45","news_description":"IMF said \u200cthis Friday it discussed Mozambique's request for a fund-supported arrangement","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36986\/revisions"}],"predecessor-version":[{"id":36987,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36986\/revisions\/36987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/16356"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=36986"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=36986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}