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Home Economy

Central Bank: Mozambique’s economy to grow 7 percent next year

FurtherAfrica by FurtherAfrica
October 27, 2015
in Economy, Finance, Government, Mozambique, Uncategorized
Reading Time: 1 min read
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Mozambique’s economy will grow by around 7 percent next year, a slowdown from a projected 7.5 percent in 2015, the central bank said on Tuesday.

Inflation is likely to increase above 5 percent next year, Banco De Mozambique said, without giving a specific figure. Foreign exchange reserves fell to $2.3 billion by September compared with $4.6 billion in December last year, it said.

Source: Reuters

 

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Tags: Banco de MoçambiqueCentral BankForeign Exchange ReserveGrowthMozambiqueモザンビーク
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