Mozambique's Net International Reserves (NIR), needed for imports of goods and services, grew by almost 11% in December, to 3.4 billion dollars, due to the donations received.

The data is contained in the Bank of Mozambique's statistical report, which points out that these reserves - in foreign currency - stood at almost 3.1 billion dollars at the end of November and the growth during December was driven by the inflows of 300 million dollars in "donations", almost half of the total inflows in the same month.

In addition, according to the same document quoted by Negócios magazine, these accounts, which total an absolute increase of 334.6 million dollars in the space of a month - they had already risen by 44.9 million dollars in November - include 161.5 million dollars more in foreign currency provisioning by banks and 47.4 million dollars for state projects.

"On the other hand, among the 396.4 million dollars in outflows of reserves in December, 214.5 million dollars were transfers made by banks and 39.8 million dollars related to the servicing of Mozambican debt, among others," reads the report.

Thus, according to the central bank, Mozambique ended December with enough reserves to cover 3.5 months of expected import needs for the year (3.1 months in November), which increases to 4.3 months "excluding major projects" (3.8 months in November).