MAPUTO, April 2 (Xinhua) -- Mozambique has fully repaid its outstanding debt to the International Monetary Fund (IMF) in March, according to official data, a move that could help pave the way for negotiations on a new financial support program.
IMF data showed Mozambique's credit outstanding stood at 514.04 million Special Drawing Rights at the beginning of March, but dropped to zero by the end of the month following full repayment.
Mozambique was the only country among 85 listed in an IMF report titled "Total IMF Credit Outstanding Movement From March 01, 2026 to April 01, 2026" to have reduced its outstanding credit to zero during the period.
According to Mozambique's national news agency AIM, under the Extended Credit Facility program approved in 2022, the IMF committed about 468 million U.S. dollars to the country. The program was suspended in April 2025 after four disbursements totaling approximately 343 million dollars.
The repayment is expected to strengthen the government's position in seeking further financial assistance from the IMF, AIM reported. ■
