{"id":37783,"date":"2023-04-28T17:47:07","date_gmt":"2023-04-28T17:47:07","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund"},"modified":"2023-04-28T19:09:38","modified_gmt":"2023-04-28T19:09:38","slug":"mozambique-welcomes-imf-resilience-and-sustainability-fund","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund","title":{"rendered":"Mozambique welcomes IMF Resilience and Sustainability Fund"},"content":{"rendered":"<p><b>By Emmanuel Chilamphuma<\/b><\/p>\n<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique\u2019s Minister of Economy and Finance was among three African Finance Ministers participating on April S15, Saturday, at the African Finance Ministers\u2019 IMF Press Conference -2023 Spring Meetings IMF conference under the theme \u201cAddressing Sub-Saharan Africa\u2019s Financing Challenges\u201d, held on the sidelines of the 2023 IMF and World Bank Group Spring Meetings in Washington, DC.<\/p>\n<p>During the press conference Max Tonela referred to Mozambique as \u201cone of the most vulnerable countries to climate change risks in Africa\u201d, associated with more frequent climate related disasters the country is facing, making reference to the recent, cyclone Freddy, \u201cwhich made landfill twice in one month, causing widespread devastation in Mozambique, Madagascar and Malawi, flooding and destroying, leaving behind a huge number of human losses and substantial damaged of public and private infrastructure.\u201c<\/p>\n<p>Speaking with the Ministers of Finance of Comoros and Sierra Leone, Minister Tonela answered questions on climate adaptation and resilience impact on sovereign debt. With regards to new windows of financing, Tonela \u201cwelcome the creation of IMF\u2019s Resilience and Sustainability Fund (RSF), a concessional credit line that will act as a long-term and catalytic instrument, as critical\u201d.<\/p>\n<p>The second instrument is the new Regional Climate Risk Fund that will be created by the World Bank to support Sub-Saharan African countries to rapidly mobilize relief and recovery financing and strengthen financial preparedness of the Government against climate shocks.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Emmanuel Chilamphuma Africa-Press &#8211; Mozambique. Mozambique\u2019s Minister of Economy and Finance was among three African Finance Ministers participating on April S15, Saturday, at the African Finance Ministers\u2019 IMF Press Conference -2023 Spring Meetings IMF conference under the theme \u201cAddressing Sub-Saharan Africa\u2019s Financing Challenges\u201d, held on the sidelines of the 2023 IMF and World Bank [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":37781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-37783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mozambique welcomes IMF Resilience and Sustainability Fund - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s Minister of Economy and Finance was among three African Finance Ministers participating on April S15, Satur ...\" \/>\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\/mozambique-welcomes-imf-resilience-and-sustainability-fund\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique welcomes IMF Resilience and Sustainability Fund\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s Minister of Economy and Finance was among three African Finance Ministers participating on April S15, Satur ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund\" \/>\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=\"2023-04-28T17:47:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-28T19:09:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/04\/postQueueImg_1682687853.70.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\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\/mozambique-welcomes-imf-resilience-and-sustainability-fund#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique welcomes IMF Resilience and Sustainability Fund\",\"datePublished\":\"2023-04-28T17:47:07+00:00\",\"dateModified\":\"2023-04-28T19:09:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund\"},\"wordCount\":250,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/04\/postQueueImg_1682687853.70.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-welcomes-imf-resilience-and-sustainability-fund\",\"name\":\"Mozambique welcomes IMF Resilience and Sustainability Fund - 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