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UK Suspends Mozambique Aid After Borrowing Scandal

Britain is withholding all financial aid payments to Mozambique following Maputo's admission of as much as $1.35 billion (£925.8 million) of previously undisclosed borrowing, much of it for maritime security.

"This appears to be a serious breach of trust, so we are working closely with other international partners to establish the truth and coordinate an appropriate response," Britain's Department for International Development said in a statement.

(Reuters)
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