Mozambique’s Ministry of Finance announced Friday it is developing a strategy to address a debt of 81.3 billion meticais (approximately $1.3 billion) owed to suppliers. The details of this strategy remain undisclosed, but officials indicate they are actively seeking solutions. This substantial debt accumulation has impacted domestic suppliers and potentially hindered economic activity. The government acknowledged the urgency of the situation and the need for a sustainable resolution. The move follows growing concerns from businesses regarding delayed payments and financial instability. Further announcements regarding the debt restructuring plan are expected in the coming weeks, offering hope for financial relief to affected suppliers. This initiative aims to restore confidence and stimulate economic growth.