In Parliament, the Mozambique Ministry of Finance reiterated that the government is continuing to coordinate with the national financial system to ensure the availability of foreign currency for external payments. Priority is being given to payment of invoices and issuance of bank guarantees for fuel, and to payment of invoices for food products and medicines, with other external payment needs addressed afterwards. The minister said the government has made available the counterpart of the state's net international reserves to meet the external payment needs of the state-owned enterprise sector. These measures kept banks' foreign exchange transactions with the public, including exporters and importers, at about USD 3.5 billion in the first quarter of 2026, broadly in line with the average for the same period over the previous five years of around USD 3.3 billion.
Ministry of Finance (Mozambique) 2026-05-07
Mozambique Ministry of Finance reiterates coordination with banks to secure foreign currency for priority external payments
The Mozambique Ministry of Finance told Parliament it is coordinating with the national financial system to ensure foreign currency availability for external payments, prioritising fuel-related invoices and guarantees, plus food and medicine imports. The government has made available the counterpart of the state's net international reserves to meet state-owned enterprises’ external payment needs, keeping banks’ foreign exchange transactions with the public at about USD 3.5 billion in the first quarter of 2026, broadly in line with the five-year average of around USD 3.3 billion.