IMF team to hold Mozambique funding talks

PUBLISHED: Tue, 29 Nov 2016 09:03:48 GMT

Mozambique has implemented sound economic policies and allowed an audit of $2 billion of controversial foreign borrowing, paving the way for talks with the International Monetary Fund (IMF) about more government funding, the IMF said.

An IMF team would visit the southern African nation from Dec. 1-12 to open funding discussions, a statement from the Washington-based institution said.

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