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Mozambique's reputation tarnished by hidden debt scandal

By: Ayesha ISMAIL | Caroline DUMAY | Stefan CARSTENS

A massive hidden debt scandal has tarnished Mozambique’s reputation with the international business community. In April, the southeastern African nation acknowledged that it had hidden more than one billion dollars in debt from the International Monetary Fund and other investors. The country is now trying to rebuild international trust, but a lot of damage has been done, as our team reports.

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