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business2h ago
Mozambique’s Economy Contracts for Fourth Straight Quarter
- Mozambique’s economy contracted for a fourth straight quarter, signaling ongoing weakness.
- Weak demand and macro pressures are persisting, delaying a clear rebound.
- Analysts point to commodity volatility as a factor behind the slowdown.
- Policy makers seek a balance between stabilization and investment incentives.
- The report suggests a cautious path to a potential rebound in 2025.
- Sectors across the economy showed softness, limiting growth prospects.
- External headwinds continue to weigh on Mozambique’s fiscal stance.
- Analysts caution against overestimating a near-term recovery.
- Policy framework remains supportive, yet growth continues to lag.
- The report underscores the need for structural reforms to lift growth.
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