23/12/2000 The Indian Ocean Newsletter N°931

MOZAMBIQUE

Urgent to re-capitalize in Mozambique

While deciding this week to release $11 million of its Poverty Reduction and Growth Facility (PRGF) in favor of Mozambique, the IMF attached several conditions to the release of the next tranche of this credit, first among them is the re-capitalizing of two of the country’s private banks. (...)   [124 words]   [€5]
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