(3 Minutes Read)
Mozambique has fully repaid its debt to the International Monetary Fund (IMF), settling 514.04 million Special Drawing Rights (SDRs) in March 2026, even as discussions over a new financial assistance programme remain ongoing.
According to an IMF update covering 1–30 March 2026, the country’s outstanding balance stood at 514.04 million SDRs (about €630.1 million) at the end of February. By 31 March, this amount had been completely cleared, making Mozambique the only country among 85 listed nations to reduce its IMF debt to zero during that period.
Efforts to obtain clarification from Mozambican authorities regarding the repayment were unsuccessful. In its February review, the IMF did not announce any new support…