Mozambique: 109 Million Dollars Deposited in Sovereign Fund

Noticias ao Minuto

Factuality

Ownership

According to the source of the central bank, which assumed the function of the operational manager, the initial capital of the Government's Sovereign Fund for Mozambique (FSM) allocated by the Ministry of Finance on 10 December "from 109.972.545.75 dollars". The central bank recalls that the FSM "is a portfolio of financial assets managed in accordance with the principles, rules and procedures established in the Law", and that its creation -- ap…