Maputo, 5 Nov (AIM) – The Mozambican government has approved the Medium-Term Debt Management Strategy for 2025-2029, a document aimed at “defining a prudent framework for public debt management.”
According to a statement issued by the Council of Ministers (cabinet) on Tuesday, the strategy is also aimed at meeting the State’s financing needs, balancing costs and risks, in order to ensure the credibility of economic policy and debt sustainability in the medium and long term.
The strategy emerges at a time when public debt, particularly domestic debt, is continuing to grow every month, to make up for the shortfall in tax collection on the one hand, and the decline of foreign aid on the other.
The Bank of Mozambique,…