{"id":49331,"date":"2023-10-28T16:32:10","date_gmt":"2023-10-28T16:32:10","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/over-20-of-foreign-debt-is-with-china-portugal-government-report"},"modified":"2023-10-28T17:51:31","modified_gmt":"2023-10-28T17:51:31","slug":"over-20-of-foreign-debt-is-with-china-portugal-government-report","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/over-20-of-foreign-debt-is-with-china-portugal-government-report","title":{"rendered":"Over 20% of foreign debt is with China, Portugal \u2013 government report"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>More than 20% of external debt contracted by Mozambique up until the end of June was with China and Portugal, totalling almost US$2.2 billion.<\/p>\n

According to the Ministry of Economy and Finance (MEF) report on public debt released this Monday (23-10) Mozambique had, at the end of the first half of this year, externally contracted public debt totalling more than US$10.2 billion, down 2.9% compared to the first quarter.<\/p>\n

Of this total, 52.1% (US$5.3 billion) was external public debt contracted with multilateral creditors, an increase of 6.5% compared to the first quarter. However, US$3 billion alone correspond to financing from the International Development Association, from the World Bank group.<\/p>\n

The weight of bilateral creditors is 39% of the total external public debt, which at the end of June amounted to US$3.9 billion, almost 1% less than at the end of March.<\/p>\n

China alone holds 15.8% of all of Mozambique\u2019s external public debt, totalling more than US$1.6 billion, unchanged from the first quarter, while Portugal held 4.4% of the total, worth US$452.3 million, a reduction of 4.7% in the space of three months.<\/p>\n

Mozambique\u2019s other major bilateral creditors include Libya, with US$253.3 million, Angola (US$61.4 million), Brazil (US$47.4 million) and Russia, with nearly US$56 million.<\/p>\n

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

Africa-Press – Mozambique. More than 20% of external debt contracted by Mozambique up until the end of June was with China and Portugal, totalling almost US$2.2 billion. According to the Ministry of Economy and Finance (MEF) report on public debt released this Monday (23-10) Mozambique had, at the end of the first half of this […]<\/p>\n","protected":false},"author":84,"featured_media":49330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-49331","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":"\nOver 20% of foreign debt is with China, Portugal \u2013 government report - Mozambique<\/title>\n<meta name=\"description\" content=\"More than 20% of external debt contracted by Mozambique up until the end of June was with China and Portugal, totalling ...\" \/>\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\/over-20-of-foreign-debt-is-with-china-portugal-government-report\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Over 20% of foreign debt is with China, Portugal \u2013 government report\" \/>\n<meta property=\"og:description\" content=\"More than 20% of external debt contracted by Mozambique up until the end of June was with China and Portugal, totalling ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/over-20-of-foreign-debt-is-with-china-portugal-government-report\" \/>\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=\"2023-10-28T16:32:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-28T17:51:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/10\/sm_1698502437.197327.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"438\" \/>\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\/over-20-of-foreign-debt-is-with-china-portugal-government-report#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/over-20-of-foreign-debt-is-with-china-portugal-government-report\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Over 20% of foreign debt is with China, Portugal \u2013 government report\",\"datePublished\":\"2023-10-28T16:32:10+00:00\",\"dateModified\":\"2023-10-28T17:51:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/over-20-of-foreign-debt-is-with-china-portugal-government-report\"},\"wordCount\":219,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/over-20-of-foreign-debt-is-with-china-portugal-government-report#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/10\/sm_1698502437.197327.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\/over-20-of-foreign-debt-is-with-china-portugal-government-report#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/over-20-of-foreign-debt-is-with-china-portugal-government-report\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/over-20-of-foreign-debt-is-with-china-portugal-government-report\",\"name\":\"Over 20% of foreign debt is with China, Portugal \u2013 government report - 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