Mozambique economy to grow at 8%

Mozambique President Armando Guebuza.

Mozambique President Armando Guebuza.

Published May 29, 2014

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Maputo - Mozambique's economy should grow at 8 percent in 2014, a slight increase on previous years due to strong farming output and foreign investment in the mining sector, President Armando Guebuza said on Thursday.

Guebuza also told an International Monetary Fund conference in the capital, Maputo, that inflation was forecast at 5.6 percent. - Reuters

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