Debt
After weeks of uncertainty, the Vulture Funds Bill was passed into law on 8 April 2010, in the last few hours of the Parliamentary session.
On 10 February the High Commissioner of Mozambique, Antonio Gumende, was a guest at a parliamentary reception and gave a short speech in which he acknowledged the leading role of the United Kingdom in the cancellation of debt for poor countries.
Alessandro Rebucci of the International Monetary Foundation has analyzed the Mozambican debt burden in historical perspective. In an IMF study, Alessandro Rebucci asks why and how Mozambique accumulated unsustainable debt.