{"id":207084,"date":"2025-09-14T06:41:28","date_gmt":"2025-09-14T04:41:28","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/mozambique\/mozambique-imf-demands-austerity-and-devaluation\/"},"modified":"2025-09-14T06:41:28","modified_gmt":"2025-09-14T04:41:28","slug":"mozambique-imf-demands-austerity-and-devaluation","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/mozambique\/mozambique-imf-demands-austerity-and-devaluation\/","title":{"rendered":"Mozambique: IMF Demands Austerity And Devaluation"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"50\">There will be no IMF agreement or loans this year, said the IMF team which visited Mozambique 21-29 August. It simply said negotiations &#8220;will continue in the coming months&#8221;. And it set harsh conditions including &#8220;decisive action to restore macroeconomic stability&#8221;, which in IMF jargon means harsh austerity imposed quickly.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"48\">The IMF team said the &#8220;fiscal deficit&#8221;, that is expenditure in excess of income, was 2.4% of GDP in the first half of 2025. It said this is because &#8220;government expenditures&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202509110277.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Mozambique\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/mozambique\/\">Mozambique<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There will be no IMF agreement or loans this year, said the IMF team which visited Mozambique 21-29 August. It simply said negotiations &#8220;will continue in the coming months&#8221;. And it set harsh conditions including &#8220;decisive action to restore macroeconomic stability&#8221;, which in IMF jargon means harsh austerity imposed quickly. The IMF team said the [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":207085,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[654],"tags":[258,256,27544,6979,46224,1283,4704,682,257,254],"class_list":["post-207084","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mozambique","tag-africa","tag-africa-news","tag-austerity","tag-demands","tag-devaluation","tag-imf","tag-mozambique","tag-mozambique-news","tag-news","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/207084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=207084"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/207084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/207085"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=207084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=207084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=207084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}