Mozambique: Govt Domestic Borrowing Up U.S.$900 Million This Year - a 25% Jump ...Middle East

[Mozambique News Reports And Clippings] Due to falling foreign aid and loans, government borrowed an additional $900 mn from local banks and bondholders, reported Bank of Mozambique (BdM) in its quarterly economic report (2 Dec). Government domestic borrowing is $4.3 bn, up 25% since December 2021, according to BdM. Domestic borrowing has doubled in three years - in December 2019 it was $2.2 bn.

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