{"id":19613,"date":"2022-05-17T15:15:24","date_gmt":"2022-05-17T15:15:24","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021"},"modified":"2022-05-17T15:19:23","modified_gmt":"2022-05-17T15:19:23","slug":"world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021","title":{"rendered":"World Bank and China remained Mozambique\u2019s biggest creditors in 2021"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Published a few days ago by the Ministry of Economy and Finance (MEF), the Public Debt Report indicates that, at the end of the 2021 financial year, the stock of external public debt stood at US$10.4 billion, of which US$5 billion (48% of the total) was held by multilateral creditors; US$4.5 billion (43%) is related to bilateral creditors, and US$900 million (9% of the total) is held by the MOZAM 2032 bond creditors syndicate, i.e. debt of the Mozambican Tuna Company (EMATUM ), a \u201cdaughter\u201d of the \u201chidden debts\u201d scandal.<\/p>\n

\u201cIn individual terms, the Central Government\u2019s external debt continues to be mostly held by the same group of six creditors, with emphasis on China and the World Bank, whose weight in the composition of the external portfolio remained practically unchanged,\u201d the MEF report reads.<\/p>\n

The report illustrates that, of the total external debt valued at US$10.4 billion, the World Bank has a share of 30%, followed by \u201cOther\u201d creditors with 24%, China with 19%, the African Development Bank (AfDB) with 9%, creditors with EMATUM debt 9%, Portugal with 5% and Japan with 4%.<\/p>\n

\u201cAlthough a diversified portfolio in terms of sources is in principle more desirable as it avoids excessive exposure to a specific creditor, the significant dependence of the state on World Bank financing does not necessarily represent a vulnerability, as the predominant concept of most of this creditor\u2019s loans is associated with a positive effect on the general cost and risk profile of the Central Government\u2019s debt,\u201d the report explains.<\/p>\n

Overall, public debt grew from US$12.9 billion at the end of 2020 to US$13.9 billion last year (an increase of 8%).<\/p>\n

The report also reveals that current public debt represents 78% of the country\u2019s gross domestic product; that is, more than half of Mozambique\u2019s current wealth.<\/p>\n

By<\/b><\/p>\n

Evaristo Chilingue<\/p>\n

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

Africa-Press – Mozambique. Published a few days ago by the Ministry of Economy and Finance (MEF), the Public Debt Report indicates that, at the end of the 2021 financial year, the stock of external public debt stood at US$10.4 billion, of which US$5 billion (48% of the total) was held by multilateral creditors; US$4.5 billion […]<\/p>\n","protected":false},"author":84,"featured_media":19612,"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-19613","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":"\nWorld Bank and China remained Mozambique\u2019s biggest creditors in 2021 - Mozambique<\/title>\n<meta name=\"description\" content=\"Published a few days ago by the Ministry of Economy and Finance (MEF), the Public Debt Report indicates that, at the end ...\" \/>\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\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank and China remained Mozambique\u2019s biggest creditors in 2021\" \/>\n<meta property=\"og:description\" content=\"Published a few days ago by the Ministry of Economy and Finance (MEF), the Public Debt Report indicates that, at the end ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021\" \/>\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=\"2022-05-17T15:15:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-17T15:19:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"749\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\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\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"World Bank and China remained Mozambique\u2019s biggest creditors in 2021\",\"datePublished\":\"2022-05-17T15:15:24+00:00\",\"dateModified\":\"2022-05-17T15:19:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021\"},\"wordCount\":313,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.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\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021\",\"name\":\"World Bank and China remained Mozambique\u2019s biggest creditors in 2021 - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.jpg\",\"datePublished\":\"2022-05-17T15:15:24+00:00\",\"dateModified\":\"2022-05-17T15:19:23+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Published a few days ago by the Ministry of Economy and Finance (MEF), the Public Debt Report indicates that, at the end ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.jpg\",\"width\":749,\"height\":500,\"caption\":\"World Bank and China remained Mozambique\u2019s biggest creditors in 2021\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"World Bank and China remained Mozambique\u2019s biggest creditors in 2021\"}]},{\"@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":"World Bank and China remained Mozambique\u2019s biggest creditors in 2021 - Mozambique","description":"Published a few days ago by the Ministry of Economy and Finance (MEF), the Public Debt Report indicates that, at the end ...","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\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021","og_locale":"en_US","og_type":"article","og_title":"World Bank and China remained Mozambique\u2019s biggest creditors in 2021","og_description":"Published a few days ago by the Ministry of Economy and Finance (MEF), the Public Debt Report indicates that, at the end ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-05-17T15:15:24+00:00","article_modified_time":"2022-05-17T15:19:23+00:00","og_image":[{"width":749,"height":500,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.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\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"World Bank and China remained Mozambique\u2019s biggest creditors in 2021","datePublished":"2022-05-17T15:15:24+00:00","dateModified":"2022-05-17T15:19:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021"},"wordCount":313,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.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\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021","name":"World Bank and China remained Mozambique\u2019s biggest creditors in 2021 - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.jpg","datePublished":"2022-05-17T15:15:24+00:00","dateModified":"2022-05-17T15:19:23+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Published a few days ago by the Ministry of Economy and Finance (MEF), the Public Debt Report indicates that, at the end ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bce3e128b.jpg","width":749,"height":500,"caption":"World Bank and China remained Mozambique\u2019s biggest creditors in 2021"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/world-bank-and-china-remained-mozambiques-biggest-creditors-in-2021#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"World Bank and China remained Mozambique\u2019s biggest creditors in 2021"}]},{"@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\/19613","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=19613"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/19613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/19612"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=19613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=19613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=19613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}