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Mozambique's economy to grow 7 pct in 2015: IMF

MAPUTO (Reuters) - Mozambique's economy is expected to grow by 7 percent in 2015, although there are downside risks to the outlook, partly due to declining commodity prices, the International Monetary Fund said on Tuesday.

Visitors are silhouetted against the logo of the International Monetary Fund at the main venue for the IMF and World Bank annual meeting in Tokyo October 10, 2012.    REUTERS/Kim Kyung-Hoon

Inflation in the southern African country is expected to accelerate to 5.5 percent by year-end, the IMF said at the conclusion of a visit.

In a budget statement last month, the government forecast gross domestic product would grow by 7.5 percent this year.

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