Mozambique's economy grew by 2.9% in the first quarter
Twitter / Prime Minister Carlos Agostinho do Rosario, seen here with Andrew Parmley, the Lord Mayor of the City of London
The British government hopes to cooperate with Mozambique in extending banking services to more people and ensure the sustainability of services through the use of financial service technologies.
The Lord Mayor of the City of London and senior UK financial and professional services ambassador Andrew Parmley revealed at the end of a meeting on Monday with Mozambican Prime Minister Carlos Agostinho do Rosario that, to this end, the British government would continue supporting the FDSmoc financial inclusion programme in Mozambique. FDSmoc will soon become a Foundation to better pursue its goals.
Parmley said the conversation with the Prime Minister had also served as a platform to discuss the importance of education in Mozambique as a precondition for establishing businesses in the country.
“We also talked about how best to manage the sovereign fund to be generated by the oil sector,” he added.
According to Parmley, the meeting with the prime minister addressed the need for Mozambique to accelerate investment in infrastructures to boost the country’s economy.
The advantages Mozambican SMEs might derive from the Commonwealth conference to be held in April 2018 in the United Kingdom were also discussed.Source: Rádio Moçambique
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