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The Mozambican government is negotiating debt rescheduling with Brazil and seeking support for the creation of its future development bank, as part of a visit by the finance minister beginning today.
According to the Mozambican finance ministry, minister Carla Loveira’s visit to Brazil — running until March 20 — aims to “strengthen institutional cooperation in the process of creating and consolidating the Bank of Development of Mozambique (BDM).”
The agenda includes a meeting with the president of Brazil’s Central Bank, Gabriel Galípolo,…