IMF Earmarks Aid for Mozambique

    Mozambique will receive some $176 million under a 12-month, exogenous shocks facility by the

    . Some $132 million will be immediately made available to help the African nation improve its balance of payments amid the global economic slump.

    About the author

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      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.