Demonstrations: Economic growth may be revised downwards, according to PR

Manifestações: Crescimento económico pode ser revisto em baixa, segundo PR

The President of the Republic, Filipe Nyusi, said yesterday that the damage caused by the demonstrations protesting the election results could lead to a downward revision of this year's estimated economic growth of 5.5%.

Nyusi, who was speaking to the nation in the context of the post-election demonstrations, highlighted the shortage of food products that is triggering inflation and causing the prices of basic products to rise.

He also explained that the difficulties faced by the companies affected will mean a drop in revenue, resulting in unfavorable public accounts.

The head of state said that the demonstrations could put off investors, who might look for other safer countries.

However, everything indicates that this is not yet a cause for great concern, as Filipe Nyusi assured that "investments are still flowing."

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