Mozambique's Public Debt Rises to $17.4 Billion

[Mozambique News Reports And Clippings] Mozambique's total government debt is rising, from $17.2 bn in the first quarter to $17.4 in the second quarter. But Mozambique can only borrow small amounts internationally, so foreign debt fell from $8.9bn to $8.8bn, but domestic debt rose from $8.3 to $8.8bn. Two thirds of foreign debt is to just four creditors: World Bank IDA ($3,108mn), China ($1,284mn), International Fund for Agricultural Development ($940mn), and the hidden debt bonds ($897mn).