Mozambique Government Settles Debt to IMF in Landmark Move

Mozambique has wiped out its arrears to the International Monetary Fund, settling U.S. $630,1 million in full by month’s end after beginning the month owing the entire amount. Among 85 countries listed by the Fund, Mozambique is the...

Mozambique Government Settles Debt to IMF in Landmark Move

Mozambique has wiped out its arrears to the International Monetary Fund, settling U.S. $630,1 million in full by month’s end after beginning the month owing the entire amount. Among 85 countries listed by the Fund, Mozambique is the only country in this situation.

With the IMF arrears cleared, securing additional financing from the Fund could become easier. The country previously received about $468 million through a 2022 Extended Credit Facility programme, which was suspended in April 2025 after only partial disbursements.

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IMF officials and President Daniel Chapo have signalled plans for a new support programme, and the arrears clearance was widely seen as a crucial step toward reviving financial cooperation. The government had not yet issued an official comment.