The International Monetary Fund (IMF) will send a mission team to Mozambique in November to discuss potential support options for the southern African nation, according to officials familiar with the matter cited by Bloomberg.
The visit follows Mozambique’s renewed efforts to secure financial assistance as it contends with rising debt pressures and the delayed recovery of its liquefied natural gas (LNG) projects. Discussions are expected to focus on strengthening macroeconomic stability, improving fiscal management, and addressing structural challenges in public finance.
An IMF spokesperson confirmed that the mission will “engage with Mozambican authorities to assess progress under ongoing reforms and explore additional avenues for support.” Mozambique’s economy has shown signs of gradual recovery, aided by easing inflation and revived investor confidence after TotalEnergies resumed operations at its $20 billion LNG project earlier this year.
The country’s government is also working to stabilize its external accounts and attract fresh investment to boost growth. Analysts note that an expanded IMF program could enhance confidence among international lenders and support Mozambique’s broader development agenda.
