Mozambique: IMF praises performance

THE International Monetary Fund (IMF) has commended Mozambique’s economic performance where resources have propped up the country’s projects. The Bretton-Woods institute said in a statement issued in Washington last week: “Mozambique’s continued strong growth performance and low inflation are commendable. Investments in large coal and natural gas projects underpin a positive medium-term outlook, but low commodity prices have increased near-term risks.” – ANA