Mozambican currency depreciates against the Euro for fourth consecutive week
Saint-Louis Studio / Steven Le Vourc'h / (File photo/ Minister Adriano Maleiane
Economy and Finance Minister Adriano Maleiane said in Beira on Wednesday that there were positive signs of economic recovery in the country, and that he was confident of seeing growth of 5.5 percent this year.
Adriano Maleiane stressed that the end of the political-military tension and ongoing measures to restore the confidence of international partners made for good prospects.
Speaking to the press in Beira after meeting Sofala governor Maria Helena Taipo, Maleiane said that conditions were being created for the Mozambican economy to grow again.
“2016 was a very difficult year, but by 2017 conditions are created, an important assumption that we are living today, in order to grow, is peace. We are also working to bring international confidence back and we also have the metical gaining value, which is very good for prices, because, unfortunately, Mozambique is still importing many products,” the governor said.
The economy and finance minister explained that the government has been making efforts to cover public spending given the lack of external support, and called for a greater contribution from the private sector in the form of taxes.Source: Rádio Moçambique