mozambique: Poor Have Yet To See The Benefits Of Debt Relief

Analysts and NGO’s are sceptical about the generosity of debt relief for developing countries, especially in the case of Mozambique. While the country has been praised as a "star pupil" by the International Monetary Fund (IMF) and World Bank, one analyst points out that all this really means is that Mozambique is now seen as a 'good debtor' because for the first time it is actually paying what the international community demands. In recent years Mozambique has only been able to repay around one quarter of the amount demanded by the international community. Even this is more than the country is able to spend on health and education combined.