A delegation from the International Monetary Fund will visit Mozambique next month to discuss public finances. The visit has been prompted by the release of an audit into 2 billion dollars in hidden loans by a risk-management firm. The IMF claims the publication of these documents will provide a greater degree of transparency. However, information gaps remain, particularly on the use of the loan proceeds. The visit to Mozambique will cover the audit results as well as possible follow-up actions.
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Categorised in: Africa