Mozambique Economic Update, July 2017 : A Two Speed Economy
The third edition of the Mozambique Economic Update comes at a time when the economy is beginning to show some signs of recovery in 2017. But as extractives and other large industries drive the recent developments, whilst small and medium enterpris...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/790351501245021584/Mozambique-economic-update-a-two-speed-economy http://hdl.handle.net/10986/28266 |
| Summary: | The third edition of the Mozambique
Economic Update comes at a time when the economy is
beginning to show some signs of recovery in 2017. But as
extractives and other large industries drive the recent
developments, whilst small and medium enterprises lag
behind, Mozambique is increasingly showing the signs of
being "A two-speed economy". Reestablishing
macroeconomic stability through a more balanced mix of
fiscal and monetary policy is a priority for private sector
growth. Slowly easing inflation and lower credit levels
suggest that the monetary policy cycle could begin to loosen
as the economy continues to adjust. However, making this
transition smoothly will require a sharper fiscal policy
response to restore the health of Mozambique’s public finances. |
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