26-March-2026
Economy News
 
IMF Plans Mozambique Visit as Debt Pressures Mount, Domestic Financing Reaches Limits
25-Mar-2026

The International Monetary Fund will visit Mozambique in the coming months, a Fund spokesperson said, as the Southern African nation seeks help shoring up its increasingly strained finances and grapples with mounting public debt. Mozambique's sovereign spread — the premium investors demand to hold its hard-currency debt over U.S. Treasuries — traded at 1,304 basis points on Tuesday, a level typically associated with severe financial distress, data from JPMorgan showed.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-24/imf-plans-mozambique-visit-as-debt-pressures-mount-domestic-financing-reaches-limits