After a hiatus of six years, the International Monetary Fund resumed its budgetary support for Mozambique, with a $496 million package for three years it says will “help support the economic recovery and policies to reduce public debt and financing vulnerabilities, creating space for priority investments in human capital, climate adaptation, and infrastructure”. It also noted that the fund would enhance the government’s ambitious reform agenda, with key policy actions focusing on establishing a sovereign wealth fund to transparently manage LNG wealth, mobilising additional tax revenue, and strengthening public financial management and governance.