12 °c
London
Monday, March 27, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Development

Mozambique wants to become middle income country

Club of Mozambique by Club of Mozambique
March 11, 2023
in Africa, Development, Mozambique
Reading Time: 1 min read
779 59
0
Mozambique moving toward a stronger private sector
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Mozambique intends to become a middle income country by 2030, leaving behind the indicators that characterize the least developed countries.

Prime Minister Adriano Maleiane announced this intention at the end of the 5th United Nations Conference on the Least Developed Countries, which took place in Doha, capital of Qatar.

Also read: World Bank VP praises positive developments in northern Mozambique

“The transition will not be fast. It is going to be gradual so that our new system can develop with security”, Maleiane said, explaining that the transition to another level carries consequences because international support to Mozambique, as a least developed country, will cease.

Right now, according to the Prime Minister, Mozambique is included in the group of 46 least developed countries but it is trying to rise to the next level, that of medium income countries.

“It the past, 500 dollars per capita was enough to think about becoming a medium income country, but now Mozambique needs to reach, at least, 1000 dollars per capita”, said Maleiane, cited by the Maputo daily “Notícias”.

Also read: Japan disburses US$7.4M for Mozambique youth and peace construction

“ In 2015, our income was 648 dollars per capita but in 2022 it was 548 dollars per capita. Therefore we have to work to raise this level of income”, he said,

“Our goal is to move to the next level”, he said. But of the 46 least developed countries, only 16 are thought able to graduate to middle income status.

Related

Source: Club of Mozambique
Tags: developed countriesdevelopmentdohaEconomyLeast Developed CountriesMaputoMozambiqueMozambique wants to become middle income countryPrime Minister Adriano MaleianeqatartransitionUnited Nations Conferenceмозамбикموزمبيقモザンビーク莫桑比克
ScanSendShare335Tweet210Share59Pin75Send
Club of Mozambique

Club of Mozambique

'Club of Mozambique is an online gateway to Mozambique, offering up-to-date information and news relating to business, politics and other economic activities in Mozambique.

Related Posts

Diplomacy

Thailand strengthens ties with Ethiopia

by Rafael Carvalho
March 27, 2023
Fintech

Nigeria digital currency transactions jump 63%

by FurtherAfrica
March 26, 2023
Economy

Fitch upgrades Ghana’s long-term local-currency issuer to ‘CCC’

by FurtherAfrica
March 26, 2023
Business

UK Baron & Cabot launches a portal to support the expansion of local real estate agencies in Africa

by Emmanuel Chilamphuma
March 26, 2023
Travel

Radisson continues to break hotel-opening records in Africa

by Rafael Carvalho
March 26, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Diplomacy

Thailand strengthens ties with Ethiopia

by Rafael Carvalho
March 27, 2023
0

The Embassy provided basic medicines and necessities and ensured the Embassy's role to protect all Thai nationals in Ethiopia On...

Read more

Nigeria digital currency transactions jump 63%

March 26, 2023

Fitch upgrades Ghana’s long-term local-currency issuer to ‘CCC’

March 26, 2023

UK Baron & Cabot launches a portal to support the expansion of local real estate agencies in Africa

March 26, 2023

Radisson continues to break hotel-opening records in Africa

March 26, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 100,044 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?