China pardons outstanding interest on Mozambique’s debt| glObserver Global Economics


China will pardon outstanding interest to 2015 of Mozambique’s deficit and the interest rate on loans to be granted someday will be reviewed downwards to lower than the current interest, which varies between 1.5 % and 2 %, the President of Mozambique announced in Johannesburg.

Sourced through Scoop.it from: globserver.cn

See on Scoop.itglobserver africa

Author: globserver

Director of Eyecom china

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