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flag The World Bank will give Mozambique $6 billion in low-interest loans over five years to address debt, weak growth, and disaster risks, despite IMF rejection due to needed reforms.

flag The World Bank plans to provide Mozambique with $6 billion in concessional financing over five years to support development amid economic challenges, including high public debt and vulnerability to disasters. flag While progress has been made, including the potential restart of a major LNG project and removal from the FATF’s grey list, the IMF has rejected new loan hopes, demanding fiscal reforms and currency devaluation. flag The country faces unsustainable debt, weak growth, and institutional weaknesses, with the government relying on short-term borrowing and the metical rated as junk.

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