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.
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
Recommended articles
In a budget statement last month, the government forecast gross domestic product would grow by 7.5 percent this year.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Security, govt officials have turned banditry into business venture, Gov laments
Makinde signs monumental deal with Shell to build gas distribution network in Oyo
Tinubu set to commission 3 critical gas infrastructure projects
You won't believe how many Lagosians were arrested in 1 year for crossing highways
Man caught trying to smuggle snakes on plane — it's not the first time
Kwara public school wonderkid scores 95 in maths, 362 overall in UTME
70 plane passengers suffer diarrhea crisis during chaotic flight
Peter Obi sent a former Vice President’s son to beg me - Reno Omokri
Nigeria is first African country to acquire this device
ADVERTISEMENT
