The Oxford Economics consultancy forecasts that average inflation in Mozambique this year will be above 9%, the highest since 2017, and foresees social unrest due to the impact of prices in the transport sector. "Inflation has reached a new four-year high, against a backdrop of high oil prices and the...
The International Monetary Fund (IMF) argues that the Bank of Mozambique (BM) should minimize conflicts between financial and price stability for the resilience of the economic system. The information was advanced, during the opening of the 13th edition of the scientific days of the central bank. The debate of the thirteenth edition, whose aim is to encourage...
The government and the International Monetary Fund (IMF) have initialed an agreement to finance Mozambique with 470 million dollars over three years. After six years of suspension of IMF support, this agreement provides for close monitoring of the application of the amount. According to the spokesman of the Ministry of Economy and Finance (MEF), Alfredo Mutombene, this process...
The executive director of the International Monetary Fund (IMF) said today that food insecurity experienced in many countries, combined with high inflation, leads to situations of hunger, "which often triggers social unrest and violence". Kristalina Georgieva, who appears quoted by Lusa, warned that "the invasion of Ukraine by Russia precipitated a series of consequences...
The economist and former Minister of Finance, Tomaz Salomão, says that one of the ways Mozambique has to keep the confidence of the International Monetary Fund (IMF), is to share any difficulty that may arise. Tomaz Salomão, who was speaking yesterday in an interview to Radio Mozambique, reminds that pro-active attitudes are essential to ensure confidence...
The Mozambican economy should continue to implement reforms for its own strengthening, according to the representative of the International Monetary Fund (IMF) in Mozambique, Alexis Mayer. The IMF's current priorities are diversification of the economy, investment in human capital and infrastructure as well as improving the quality and capacity of institutions, in addition to gas...
There are countries with close ties of friendship with Mozambique committed to empowering and financing the fight against terrorism in Cabo Delgado province, to seek to prevent the "risk of enlargement" of armed incursions into neighboring areas, said the Minister of Economy and Finance, Max Tonela. Asked who will bear the expenses of the foreign troops,...
The International Monetary Fund (IMF) today slightly improved the economic growth forecast for sub-Saharan Africa by 0.1 percentage points to 3.8%, maintaining the estimate of 4% for 2023, compared to the January forecast. According to the World Economic Forecasts, released today as part of the Spring Meetings, the region's economies will...
The Ukrainian President said Sunday night that he had been in talks with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Ukraine's "financial stability" and "preparations for post-war reconstruction." "I am sure that cooperation between the IMF and Ukraine will continue to be fruitful," wrote Volodymyr Zelensky,...
The International Monetary Fund (IMF) will cut the global economic growth outlook for this year and for 2023 in the next forecast, Kristalina Georgieva announced. "For most countries, growth will still remain in positive territory," the institution's managing director said in a conversation with Tino Cuellar, president of the Carnegie Endowment for International Peasse, adding...