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Mozambique: Mozambican Govt Will Face Challenges to Pay Domestic Debt

Mozambique: Mozambican Govt Will Face Challenges to Pay Domestic Debt

Maputo — The Standard & Poor’s (S&P) rating agency, based in New York and London, has warned that the Mozambican government will face challenges to pay its domestic debt, totalling about 1.1 billion US dollars, over the next two years.

According to Leon Bezuidenhout, deputy director of S&P’s sovereign ratings department, in an interview with the Bloomberg agency, the domestic debt payments that Mozambique will have to make in 2025 and 2026, are equivalent to 620 and 530 million dollars.

“This is…

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