Standard Bank lowers forecast of Mozambique’s economic growth to 2%

Standard Bank has revised the forecast of economic growth of Mozambique for 2016 downwards from 5.6 percent to 2 percent, and estimates that public debt will have reached 100 percent of gross domestic product by the end of the year. In its June economic bulletin, the financial institution also estimates that the prices of goods … Continue reading Standard Bank lowers forecast of Mozambique’s economic growth to 2%