The International Monetary Fund (IMF) wants to know precisely what happened to the money secretly borrowed by Mozambique, which led to the suspension of the organisation's aid to the country.
Speaking at a press conference in Washington DC, IMF Africa director Abebe Selassie said the Fund would only get involved in a support program with Mozambique if three conditions were met, namely the audit of the secret debts, a government relief plan and an agreement with the government on "policies to support" an IMF assistance program.
Asked by VOA if the IMF expected the audit to indicate and publish the names of those responsible for the secret debts, Selassie said he could not "make an early judgment on the audit results".
"We will have to see what is in the audit, but the terms of reference for this audit are very clear," he said. "We have to know exactly what happened to the loan funds obtained by the three companies," he added.
Sources at the IMF said they are confident that the audit will be released, although its publication has been delayed twice. The latest deadline is the end of April.
Source: Voa Portugues © 2017 clubofmozambique.com. All rights reserved.Source: IMF wants to know "exactly" the destinations of Mozambique's secret debts
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