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

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
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
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.
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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.

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

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