🇿🇦 South Africa
Apr 2, 2026
BRICS+ Series: A debt milestone that Africa should examine carefully
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There is something quietly extraordinary buried in the IMF's routine credit data for March 2026. As of 31 March, the government of President Daniel Chapo had zero credit outstanding with the Fund, following a repayment of 514 million Special Drawing Rights, roughly $700 million. Mozambique is the only country in this situation among 85 nations listed in the IMF's credit records for that period.
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