Showing posts with label Business Cabo Delgado. Show all posts
Showing posts with label Business Cabo Delgado. Show all posts

Max Tonela in Washington DC:Terrorism has been exerting "exceptional pressure" on accounts in Cabo Delgado

The terrorism in Cabo Delgado, according to Mozambique's Economy Minister Max Tonela, has put tremendous strain on the nation's finances, but he claimed that "problems of national defense are issues of sovereignty" and will always take precedence.

Tonela said that in meetings he held in the US capital to mobilize resources, the attacks in Cabo Delgado province in northern Mozambique were in the forefront. Tonela was speaking to Lusa on the sidelines of the annual meetings of the International Monetary Fund (IMF).

We used this chance to communicate with our cooperation partners, mostly on a multilateral but also on a bilateral basis, including the World Bank and the International Monetary Fund (IMF). Additionally, we touched on Mozambique's development challenges during our discussions.


In that regard, Tonela stated that it was feasible to "open doors for us to access additional resources and there are technical discussions which will commence as a result of the understandings we achieved."

Article: Lusa