INSUBCONTINENT EXCLUSIVE:
from 4.2% in 2022 to 5.0% in 2023
projected to fall to 1.3% in 2025.Concurrently, a surge in imports may increase the current account deficit to 38.1% of GDP in 2024, and
further to 43.0% in 2025.To enhance the agricultural sector, the government has increased the minimum prices for seed cotton.Consequently,
These measures aim to maintain growth and stabilize earnings within the sector.Additionally, Mozambique is reducing its hefty annual wheat
import bill of about $240 million.By forging partnerships, particularly with Ukraine, the country seeks to enhance local wheat
(Photo Internet reproduction)This initiative, discussed at a recent business forum in Maputo, aims to restore trade links affected by global
disruptions such as the COVID-19 pandemic.The nation is also refining its fiscal policies, with a focus on public wages and VAT
regulations.These efforts aim to stabilize the economy and optimize revenue from vital sectors like mining and oil.Despite these efforts,
changes over the past two decades.The African Development Bank AFDB is crucial, supporting strategic financial initiatives that bolster
resilience and growth.As Mozambique prepares for further economic expansion, international cooperation is essential.This collaboration is
vital for mitigating investment risks and enhancing economic stability, especially crucial in a world facing climate change and geopolitical
