The Bank of Mozambique will adopt the financial sector contingency plan’s modules related to (i) closing and liquidating banks, (ii) managing bidding processes for private sector takeovers, (iii) bailouts, and (iv) emergency liquidity assistance to promote rehabilitation of problem banks into viable institutions, as described in paragraph 34 of the current MEFP.
Introduced at R2. Macroeconomic importance: Safeguard macroeconomic stability and the soundness of the banking system.