In 2016, the discovery of previously undisclosed debts upended Mozambique’s development trajectory. Mozambique was one of the world’s 10 fastest-growing economies for two decades.
Levels of public debt across eastern and southern Africa’s low-income countries have doubled over the last decade. The region’s debt portfolio still predominantly contains multilateral loans (47%) and bilateral loans (35%).
Global Community Steps Up with $93 Billion Support Package to Boost Resilient Recovery in World s Poorest Countries – Global News Network gnnliberia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gnnliberia.com Daily Mail and Mail on Sunday newspapers.