Mozambique’s IMF push runs up against reform reality

Mozambique’s IMF push runs up against reform reality

Mozambique’s government is stepping up its effort to secure a new programme with the International Monetary Fund, pointing to a series of recent moves as evidence of renewed credibility.Speaking after Tuesday’s Council of Ministers meeting, government spokesman and economic planning minister Salim Valá highlighted the decision to make an early repayment of IMF debt as proof that Maputo is serious about honouring its commitments and opening the d…