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Mozambique’s economic growth seen at 1.5% in 2021
8:17 CAT | 14 May 2021
in file CoM
Mozambique’s economic growth rate is expected to be around 1.5% in 2021 and 2.8% in 2022, largely conditioned by “well-known” risk factors, the country’s President Filipe Nyusi said on Thursday.
“It is expected that the trend of a recovery path for the Gross Domestic Product will be consolidated,” he said during a briefing to diplomatic corps.
“This trend, in a scenario of moderate growth, is supported by continuous fiscal consolidation and prudent monetary policy in the face of macroeconomic risks.”
Source: Reuters
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