Mozambique’s Confederation of Business Associations (CTA) has called on the government to pay its domestic debts, after it fully paid last March its outstanding debt of 515.04 million Special Drawing Rights (equivalent to 630.1 million US dollars) to the International Monetary Fund (IMF). According to “Total IMF Credit Outstanding Movement (from 1 March 2026 to 31 March 2026)”, Mozambique is the only country in this situation among 85 countries listed. In a statement, the CTA called on the government to pay attention to its large domestic debts.
The organization believes that, in the current context of extreme poverty, the country should reinforce the importance of deepening ongoing reforms, focusing on boosting the real economy and creating sustainable opportunities for citizens. “The challenge is to ensure that this effort is complemented by policies that stimulate national production, private investment, and the competitiveness of the economy”, reads the document. CTA also called on the government to consolidate a growth agenda based on trust, predictability, and cooperation among different economic actors.
“Mozambique has significant economic potential, the realization of which depends on the collective capacity to align policies, mobilize investments, and strengthen the role of the private sector as an engine of growth and job creation”, says the organization. CTA also encouraged the continuation of efforts aimed at strengthening the business environment, with greater stability and regulatory predictability; facilitating access to financing and foreign exchange for the productive sector; and implementing balanced fiscal policies that stimulate investment.
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