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Aid to Mozambique has largely stopped and it cannot borrow. Last week Moody’s Ratings pushed Mozambique near to the bottom – Caa3 – ‘poor quality and very high credit risk’ – and in April Fitch Ratings dropped Mozambique to cc – ‘the level of default risk is among the highest’. The World Bank is one of the few remaining funders, and recently gave Mozambique $35mn to buy medicines.