Centre for Commercial Law Studies

Prof. Olivares-Caminal on Mozambique's non-odious debt

4 April 2019

Professor Rodrigo Olivares-Caminal published a guest post for the Financial Times where he argues that Mozambique policymakers need to act now to clear the country's default. He writes: “Accountability and transparency are quintessential for any nation. Stemming corruption, strengthening economic management and implementing a feasible economic recovery program should be the focus. The opportunity window for new investments might close, so there is no time to waste. Mozambique has a clear light at the end of the tunnel due to the very large fiscal cash flows expected from its LNG projects. Finalising agreements and implementing policies supporting the country's financing and development should be of paramount importance.”

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