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Mozambique: public debt weighs on the financial system

Adriano Maleiane, Minister of Economy and Finance, recently declared Mozambique’s public debt, which amounts to 12.37 billion US dollars, weighs the financial system. Of this total public debt, the external debt represents US $ 9.85 billion, of which 16% to China and 44.16% due to multilateral institutions, and the rest of the domestic debt, raised by means of Treasury bills at high interest rate.

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