Belarus’ commodity exchange to cooperate with Mozambique Commodity Exchange
Mozambique: Government measures still do not meet concerns of the private sector – CTA
4:39 CAT | 14 May 2020
Photo: O País
The Confederation of Economic Associations of Mozambique (CTA) says that the measures taken by the government do not yet meet the concerns of companies.
CTA fiscal policy chairperson Kekobab Patel is proposing that Mozambican banks lower interest rates, with the Bank of Mozambique leading the way so as to encourage commercial banks to be bolder.
Patel also criticises the government’s lack of restraint vis-à-vis public expenditure.
The head of the Fiscal Policy sector at the country’s largest association of businesspeople further reiterates that the National Institute of Social Security (INSS) should contribute to the payment of workers’ wages, as a way of guaranteeing the continued survival of companies and the jobs they stand for.
By Orlando Macuácua
Source: O País
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