Tag: Ministry of Economy and Finance

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Government forecasts 2.9% growth in 2022

Despite the negative impact to the internal production of the companies, caused by the covid-19 pandemic, the Government, through the Ministry of Economy and Finance, foresees a production growth of 2.9% for the year 2022, being the priority areas agriculture, fishing, energy and extractive industry

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MEF prospects worsening exchange rate to 68 Meticais per Dollar

The Ministry of Economy and Finance (MEF) foresees the worsening of the average exchange rate for the year 2021. In Fiscal Risks Report 2022, published at the end of last August, MEF reveals that the Metical depreciated in 2020, reaching an average of 66.6 MT/USD, against an initial forecast of 60.0 MT/USD