53522E FORMER PM WARNS OF “PAINFUL MEASURES”

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53522E FORMER PM WARNS OF “PAINFUL MEASURES”

Maputo, 13 May (AIM) – Mozambique’s former Prime Minister, Luisa Diogo, warned on Thursday that the country must be prepared for a bout of austerity, in order to take advantage of the resumption of normal relations with the International Monetary Fund (IMF).

Speaking at a Maputo press conference, Diogo noted that the resumption of an IMF programme with Mozambique coincided with the Russian invasion of Ukraine, which was likely to cause p ...