Wednesday, April 27, 2016

We await the details of debt public

The President of the Assembly of the Republic (AR), Verónica Macamo, said Tuesday in Maputo that the government should explain to Mozambicans, through parliament, the contours used to contract public debt.Macamo, who spoke minutes after a courtesy visit of a Chinese delegation, he stressed that Mozambicans are concerned to know the motivation that prompted the government to ensure public debt exceeding billion and was contracted by some companies.This debt was confirmed by the head of mission of the International Monetary Fund (IMF) to Mozambique, Michel Lazare, in a press release issued on Saturday.
Resultado de imagem para veronica macamo"The authorities recognized that an amount exceeding one billion dollars of external debt guaranteed by the Government had not been previously reported to the IMF," said Lazare, quoted in the statement.So Macamo said, "I think the most important thing is to be a smart time to have the government here in the House of Commons to explain to us in detail how this debt was made."
This was Macamo response when asked about a statement from the Human Rights Commission of the Bar Association of Mozambique (CDHOAM) published on its website on Friday and requires a positioning of RA around the debt.
"In the name of transparency, legality and integrity in the management of public affairs and respect for constitutional norms that underpin the democratic rule of law, pay urgently through appropriate channels at the appropriate explanations to the Mozambican people on the real debt public, its fi ality, relevance and sustainability, reassuming its role of ensuring the administration of the public interest and to promote the welfare of citizens, "reads the statement.Macamo promised that the Standing Committee of RA will decide on the convening of a special session just to give the government an opportunity to explain or was due to wait for the resumption of the Third Ordinary Session jobs that should take place on 26 June.Loans taken by Mozambican companies, and government guarantees, the period in 2013 and 2014 led to the suspension of financial assistance from the International Monetary Fund (IMF) to the country for about two weeks while awaiting the clarification of all debt contours.

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