{"id":40883,"date":"2023-06-18T11:28:27","date_gmt":"2023-06-18T11:28:27","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys"},"modified":"2023-06-18T11:36:27","modified_gmt":"2023-06-18T11:36:27","slug":"domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys","title":{"rendered":"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique\u2019s rising domestic debt and a recent \u201cmiscommunication, highlight the challenges of debt management\u201d although maintaining hope in the results of future gas exploration, according to the ratings agency Moody\u2019s.<\/p>\n<p>\u201cAlthough there is a great deal of willingness by Mozambique to meet its upcoming debt obligations, recent late payments, weak appetite for the domestic government bond market and the rapid rise in domestic debt highlight persistent liquidity problems\u201d, reads the latest document from the agency on Mozambique.<\/p>\n<p>According to the document, \u201cin question is the delay in payment of internal debt coupons between February and March, a period of added pressure on state coffers with the increase in salaries, among other factors\u201d.<\/p>\n<p>Moody\u2019s highlights that a new moment of pressure is approaching, between September and November, with the Government having to deal with coupon payments and repayments of domestic debt.<\/p>\n<p>\u201cIn May, the idea of re-examining the profile of these disbursements was mooted,\u201d the agency said, explaining that \u201cthe government later rectified the statement, saying that it had been a mistake and that it does not intend to redefine the profile of these instruments\u201d.<\/p>\n<p>Moody\u2019s believes this recent \u201cmiscommunication\u201d with holders of national bonds is a sign of weak debt management capacity, which as a result, places Mozambique \u201cin the bracket of high-risk financial instruments.\u201d<\/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>Africa-Press &#8211; Mozambique. Mozambique\u2019s rising domestic debt and a recent \u201cmiscommunication, highlight the challenges of debt management\u201d although maintaining hope in the results of future gas exploration, according to the ratings agency Moody\u2019s. \u201cAlthough there is a great deal of willingness by Mozambique to meet its upcoming debt obligations, recent late payments, weak appetite for [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":40881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-40883","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>Domestic debt undermines State financial management in Mozambique, says Moody\u2019s - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s rising domestic debt and a recent \u201cmiscommunication, highlight the challenges of debt management\u201d although ...\" \/>\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\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s rising domestic debt and a recent \u201cmiscommunication, highlight the challenges of debt management\u201d although ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys\" \/>\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=\"2023-06-18T11:28:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-18T11:36:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\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=\"1 minute\" \/>\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\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s\",\"datePublished\":\"2023-06-18T11:28:27+00:00\",\"dateModified\":\"2023-06-18T11:36:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys\"},\"wordCount\":242,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.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\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys\",\"name\":\"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.jpg\",\"datePublished\":\"2023-06-18T11:28:27+00:00\",\"dateModified\":\"2023-06-18T11:36:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Mozambique\u2019s rising domestic debt and a recent \u201cmiscommunication, highlight the challenges of debt management\u201d although ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.jpg\",\"width\":720,\"height\":540,\"caption\":\"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s\"}]},{\"@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":"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s - Mozambique","description":"Mozambique\u2019s rising domestic debt and a recent \u201cmiscommunication, highlight the challenges of debt management\u201d although ...","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\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys","og_locale":"en_US","og_type":"article","og_title":"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s","og_description":"Mozambique\u2019s rising domestic debt and a recent \u201cmiscommunication, highlight the challenges of debt management\u201d although ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-06-18T11:28:27+00:00","article_modified_time":"2023-06-18T11:36:27+00:00","og_image":[{"width":720,"height":540,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s","datePublished":"2023-06-18T11:28:27+00:00","dateModified":"2023-06-18T11:36:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys"},"wordCount":242,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.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\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys","name":"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.jpg","datePublished":"2023-06-18T11:28:27+00:00","dateModified":"2023-06-18T11:36:27+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Mozambique\u2019s rising domestic debt and a recent \u201cmiscommunication, highlight the challenges of debt management\u201d although ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687071874.934067.jpg","width":720,"height":540,"caption":"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/domestic-debt-undermines-state-financial-management-in-mozambique-says-moodys#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Domestic debt undermines State financial management in Mozambique, says Moody\u2019s"}]},{"@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\/40883","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=40883"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/40883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/40881"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=40883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=40883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=40883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}