Mozambique

Mozambique’s new finance minister, Carla Louveira, faces a tough task in stabilizing the country’s finances amid post-election unrest and a potential debt restructuring. With a projected debt-to-GDP ratio of 96% and a loss of USD 664 mln in revenue from recent protests, Louveira must manage painful spending cuts, reform the public-wage bill, and address opposition demands while navigating scarce resources.