The Democratic Movement of Mozambique (MDM) reacted this Wednesday to the measures to stimulate the economy announced yesterday by the President of the Republic, considering them long term and untimely.

Speaking this afternoon at a press conference, Ismael Nhacucue, MDM spokesperson, stressed that the "package" announced does not solve the problems of the economy in the short term.

For Nhacucue, the measures do not stimulate informal business, which is the source of survival for most Mozambican families, and they are far from stimulating the economy, so that the cost of living will remain stifling for vulnerable groups.

For this political formation, the reduction of the Value Added Tax (VAT) should be from 17 to 14% in order to allow effectiveness in the purchasing power of Mozambicans, and not of 1 percent, as per the Government's decision.