Mozambique is set to receive approximately $6 billion in financing from the World Bank Group over the next five years. Finance Minister Carla Louveira says the funding will support economic growth through key development projects and initiatives aimed at accelerating national progress and creating jobs.

The financing package comes at a time when the country’s public finances are under mounting pressure, with the International Monetary Fund warning about deteriorating debt dynamics and rising fiscal risks. Innocent Semosa spoke to Policy and Research Advisor Helio Guiliche.

Mozambique is set to receive approximately $6 billion in financing from the World Bank Group over the next five years. Finance Minister Carla Louveira says the funding will support economic growth through key development projects and initiatives aimed at accelerating national progress and creating jobs.
The financing package comes at a time when the country&rsquo;s public finances are under mounting pressure, with the International Monetary Fund warning about deteriorating debt dynamics and rising fiscal risks. Innocent Semosa spoke to Policy and Research Advisor Helio Guiliche.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.