TIME­LINE

CityPress - - Business And Tenders -

APRIL 15

IMF sus­pends aid to Mozambique af­ter find­ing $1.4 bil­lion in pre­vi­ously undis­closed debt

MAY 5

Por­tu­gal and other donors sus­pend sup­port over debt rev­e­la­tions

MAY 23

Fitch Rat­ings cuts Mozambique’s credit rat­ing by one notch to CC, in­di­cat­ing a prob­a­ble de­fault

MAY 23

Mozambique As­set Man­age­ment misses $178 mil­lion pay­ment to Rus­sia’s VTB Bank

MAY 26

Mozambique debt-reschedul­ing talks fail

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