MOZAMBIQUE: GOVERNMENT MOVES CLOSER TO VOIDING UNDISCLOSED LOANS
Wed, 27 February 2019
US and Mozambique indictments of those implicated in the undisclosed lending scandal pave the way for the government to declare the loans void and to refuse repayment of some USD 1.2 billion in syndicated loans, although a restructuring of publicly recognised bonds remains on the cards ahead of the October elections.
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