 Mozambique's largest employer's organization, the Confederation of Economic Associations CTA, has hailed the announcement of the resumption of financial assistance from the International Monetary Fund, saying that the development creates a good outlook. The International Monetary Fund, the IMF, had announced that it has reached an agreement with Mozambique for the implementation of an extended fund programme until 2025 disbursing financial assistance for the first time since the Hidden Debt Scandal. This is the first time the IMF has funded Mozambique since the disclosure of the so-called Hidden Debt Scandal in 2016, with only occasional financial aid following specific disasters such as the COVID-19 pandemic or Cyclone's Kenneth and EDI in 2019. Click the notification button so you get notified about fresh news updates.