Mozambique repaid entire IMF debt (SDR 515.04m), clearing arrears by end‑March 2026
On or by 31 March 2026 Mozambique fully repaid its outstanding IMF obligations, clearing 515.04 million Special Drawing Rights (about US$630 million) and reducing its IMF credit outstanding to zero. The early settlement removes the arrears classification that had constrained access to new Fund financing.
The desk brief
On or by 31 March 2026 Mozambique fully repaid its outstanding IMF obligations, clearing 515.04 million Special Drawing Rights (about US$630 million) and reducing its IMF credit outstanding to zero. The early settlement removes the arrears classification that had constrained access to new Fund financing.
Clearing IMF arrears can reopen policy and concessional funding channels (notably IMF and potentially World Bank budget support), conditional on program negotiations and reform commitments. However, the repayment likely used fiscal or external resources, which could intensify near‑term liquidity pressures and leave sovereign Eurobonds and project‑linked paper sensitive to creditor negotiations and any resulting conditionality rather than automatically restoring market access.
IMF decision on a new financing arrangement or formal programme approval for Mozambique.
Sources & verification
Developing storyFurther independent confirmation is required.
- Mozambique pays debt to IMF in full - AIM reportclubofmozambique.comSource published (opens in a new tab)
- View PDFafronomicslaw.org (opens in a new tab)
Public references supporting this brief.
Price Discovery
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- Moz 31Sept 203191.12511.415%
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