World Bank Says Mozambique Deficits Risk $50 Billion LNG Project

The World Bank's warning reflects a critical juncture for Mozambique, where the reliance on large-scale gas projects could either serve as a lifeline or exacerbate existing economic vulnerabilities. The persistent overspending fueled by debt raises questions about the sustainability of such projects and the government's capacity to manage its finances effectively. As Mozambique navigates this complex landscape, the need for prudent fiscal policies becomes increasingly apparent.