MOZAMBIQUE: ONSET OF FRESH CIVIL WAR IN THE NORTH FRUSTRATES DEBT REPAYMENT PLANS

   Tue, 05 May 2020

Lower oil prices, intensifying insurgency, and the onset of the coronavirus will delay gas production and lead to neglect of northern regions, thus possibly triggering a new civil war. Delays to gas revenues will necessitate another debt restructuring, while Mozambique’s economy is set to be hard hit due to the reduction of exports and lower tax revenue.

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