{"id":19445,"date":"2022-05-13T16:01:50","date_gmt":"2022-05-13T16:01:50","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim"},"modified":"2022-05-13T16:37:42","modified_gmt":"2022-05-13T16:37:42","slug":"former-pm-warns-of-painful-measures-aim","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim","title":{"rendered":"Former PM warns of \u201cpainful measures\u201d \u2013 AIM"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambique\u2019s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of austerity, in order to take advantage of the resumption of normal relations with the International Monetary Fund (IMF).<\/p>\n

Speaking at a Maputo press conference, Diogo noted that the resumption of an IMF programme with Mozambique coincided with the Russian invasion of Ukraine, which was likely to cause painful measures such as increased fuel prices.<\/p>\n

The new IMF programme sends a signal of confidence in Mozambique, but it is not cost free. Diogo said one of the conditions for the IMF programme would be a tighter management of the Mozambican economy.<\/p>\n

She believed that the Mozambican government will now introduce reforms \u201cthat could be painful. We had better see that there are measures that are painful, but which bring results that are worthwhile\u201d.<\/p>\n

The immediate problem Diogo foresaw was the supply of fuel. In Mozambique, fuel companies are demanding that the government increase the price of liquid fuels, otherwise they might stop importing fuel.<\/p>\n

The country could not afford to run such a risk, she warned. \u201cThat would be the worst situation we could go through\u201d, she exclaimed.<\/p>\n

\u201cOften the government has to find ways of balancing things between the consumers, the distributors and the importers of this product that is so fundamental for the economy\u201d, said Diogo.<\/p>\n

Another increase in fuel prices was inevitable, but it must be duly explained to the public. \u201cWe must not tire of explaining\u201d, she said. \u201cWe must explain in parliament, and explain through the mass media\u201d.<\/p>\n

The country needed to find other sources of finance, and that meant debt \u2013 but it must be \u201cresponsible indebtedness\u201d, stressed Diogo. The first step would be to define a debt strategy, in which \u201cwe must forget commercial debt, because we are not in any condition to repay\u201d.<\/p>\n

Currently, \u201cwe are strangled by a terrible commercial debt, for which there is no debt forgiveness\u201d, she said.<\/p>\n

\u201cIf we wanted to go after commercial debt, then we wouldn\u2019t need the IMF\u201d, said the former Prime Minister. \u201cNow we have to take on debt in accordance with our capacity to repay\u201d. The advantages of loans from the IMF and the World Bank are long repayment times and low interest rates\u201d.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Mozambique\u2019s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of austerity, in order to take advantage of the resumption of normal relations with the International Monetary Fund (IMF). Speaking at a Maputo press conference, Diogo noted that the resumption of an IMF programme […]<\/p>\n","protected":false},"author":84,"featured_media":19444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-19445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nFormer PM warns of \u201cpainful measures\u201d \u2013 AIM - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of aust ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former PM warns of \u201cpainful measures\u201d \u2013 AIM\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of aust ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-13T16:01:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-13T16:37:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"825\" \/>\n\t<meta property=\"og:image:height\" content=\"510\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Former PM warns of \u201cpainful measures\u201d \u2013 AIM\",\"datePublished\":\"2022-05-13T16:01:50+00:00\",\"dateModified\":\"2022-05-13T16:37:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim\"},\"wordCount\":399,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim\",\"name\":\"Former PM warns of \u201cpainful measures\u201d \u2013 AIM - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg\",\"datePublished\":\"2022-05-13T16:01:50+00:00\",\"dateModified\":\"2022-05-13T16:37:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Mozambique\u2019s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of aust ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg\",\"width\":825,\"height\":510,\"caption\":\"Former PM warns of \u201cpainful measures\u201d \u2013 AIM\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Former PM warns of \u201cpainful measures\u201d \u2013 AIM\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Former PM warns of \u201cpainful measures\u201d \u2013 AIM - Mozambique","description":"Mozambique\u2019s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of aust ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim","og_locale":"en_US","og_type":"article","og_title":"Former PM warns of \u201cpainful measures\u201d \u2013 AIM","og_description":"Mozambique\u2019s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of aust ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-05-13T16:01:50+00:00","article_modified_time":"2022-05-13T16:37:42+00:00","og_image":[{"width":825,"height":510,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Former PM warns of \u201cpainful measures\u201d \u2013 AIM","datePublished":"2022-05-13T16:01:50+00:00","dateModified":"2022-05-13T16:37:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim"},"wordCount":399,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim","name":"Former PM warns of \u201cpainful measures\u201d \u2013 AIM - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg","datePublished":"2022-05-13T16:01:50+00:00","dateModified":"2022-05-13T16:37:42+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Mozambique\u2019s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of aust ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-627e892631dc5.jpg","width":825,"height":510,"caption":"Former PM warns of \u201cpainful measures\u201d \u2013 AIM"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/former-pm-warns-of-painful-measures-aim#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Former PM warns of \u201cpainful measures\u201d \u2013 AIM"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/19445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=19445"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/19445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/19444"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=19445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=19445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=19445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}