MAPUTO Mozambique (Xinhua) --
Mozambican President Filipe Nyusi has
nominated a senior International Monetary Fund (IMF) official,
Rogerio Lucas Zandamela, as the new governor of the central
Zandamela has been
working in the IMF since 1988.
He headed missions
in Costa Rica, Gambia, Malaysia and Peru in the past 20 years.
Ernesto Gove, who had been in front of the country’s currency
regulator institution since 2006.
A press release
issued by the presidency earlier this week said the replacement
of Gove, which takes place in a critical moment to the
Mozambican economy, has to do with the end of his 10-year term.
The new governor is
expected to give a new dynamic to the economy as the local
currency depreciated more than 100 percent compared to the
beginning of the year.
Sengo said the nomination of Zandamela as strategic given that
Mozambique is currently involved in negotiations with the IMF
that aims to restore trust.
A delegation from
the IMF is expected in Mozambique by the end of this month to
follow the progress of the recommendations issued as part of the
trust recovery process that got broken since hidden debts were
discovered in the country early this year.