Standard Bank's chief economist said today that it is unlikely that there will be a significant reduction in Mozambique's public debt to GDP ratio until near the end of the decade, damaging investment. "It is unlikely that there will be a substantial reduction in Mozambique's debt to gross domestic product (GDP) ratio...
Tag: chief economist
Standard Bank forecasts "very weak" growth of 2.5% in Angola until 2025
Standard Bank's chief economist for Angola today considered that the projected growth until 2025 of 2.5% per year is "a very weak number" for the country, whose population grows above 3% annually. "For Angola, we forecast an average annual growth rate of 2.5% between 2020 and 2025, which is a very weak number,...
Eaglestone: "IMF's return to Mozambique gives investors more confidence
The chief economist of Eaglestone consultancy firm told Lusa on Saturday that the new International Monetary Fund (IMF) program in Mozambique is positive, not so much for the amount, but for the confidence it instills in investors. "More than the financial support of about 450 million dollars, it is important that Mozambique has signed a program of...
"Diesel prices in the country are 20% cheaper than in South Africa and help curb inflation"
The chief economist for Standard Bank in Mozambique noted that the price of diesel is increasing more slowly in the country and is 20% cheaper than in South Africa, considering that it helps to curb inflation in 2022. "We consider in our [forecasting] model that the adjustment of fuel prices in Mozambique will not be [made] to the...
