Prime Minister in Washington

According to a statement sent to newsrooms by the prime minister's office during the four-day stay in Washington, Carlos Agostinho do Rosario has planned meetings with the director of the IMF, Christine Lagarde, with World Bank officials and still north authorities -americanas. "the prime minister will confirm the total debt incurred by public companies with state guarantees, which do not appear in statistics and were not reported to the IMF in the context of the economic program under way, for reasons that will be discussed during the above meetings, "the statement from governante.Além the visit of Carlos Agostinho do Rosario, the Mozambican government plans to send a team to Washington to" deepen technical aspects related to the public debt of the country ".The establishment of this technical team has advanced on Sunday in a statement the Ministry of Economy and Finance, following the revelation by the Wall Street Journal a second loan of 622 million dollars, held in 2013 in favor of Proindicus company for the purchase of military equipment. This new loan comes in the case of Mozambican Company Tuna (Ematum) and was previously unknown and possible consequences on the country's debt level. Another objective of the technical team of the Ministry of Economy and Finance that will travel to Washington, according to the Mozambican government is to meet the conditions for the rescheduling of the visit of an IMF mission to Maputo, but canceled (in the team may be * Luísa Diogo, current chairman of Barclays Administration in Maputo).

The IMF canceled on Friday a planned mission this week to Mozambique due to loan revelations allegedly hidden in the case of "Tuna titles," said the director of the African Department, Antoinette Sayeh. "The loan in question amounts to over one billion dollars and considerably change our assessment of economic prospects of Mozambique, "Sayeh said the IMF headquarters in Washington.No Saturday, also the director of the World Bank to Mozambique told Lusa that the revelation of a new loan under the Ematum case can affect increase the risk of excessive debt and affect the resources provided by the institution in the future. "it is important to remember that Mozambique is a beneficiary country of the International Development Association (IDA) and has a moderate risk of over- indebtedness. Any potential analysis in low debt stability may affect the overall amount of resources available for the coming years, "said Mark Lundell.

Soon after the Mozambican government have carried out a successful restructuring of so-called "tuna bonds", which implied a guarantee of the executive in 2013 a loan of $ 850 million, the Wall Street Journal reported the existence of a second charge that investors in the Ematum debt securities repurchase operation were not informados.Na first reaction to the case, the Minister of Economy and Finance of Mozambique, Adriano Afonso Maleiane, denied the existence of hidden loans and said that "there was some confusion" in they fund Ematum. "there was some confusion and ended up putting Mozambique in noise without. all that has the State guarantee is guaranteed. We take everything that had been taken over by the government. This is the peace that I still give investors "Maleiane said on Friday during its passage through the spring meetings of the IMF and World Bank.

* Luísa Dias Diogo is a Mozambican economist and former official of the World Bank. Was Minister of Planning and Finance between 1999 and 2005 the Government of Mozambique, from February 2004, with the resignation of then Prime Minister, has accumulated that folder with the Prime Minister. He was exonerated, along with the entire government in January 2005, following the general elections of December 2004.