Mozambique: Recent Economic Developments
Summary:
This paper reviews economic developments in the Republic of Mozambique during 1990–96. Under the Economic and Social Rehabilitation Program (ESRP), the economy has made impressive economic gains. Real GDP growth averaged 6.7 percent in 1987–95, despite the civil war, a decline in the terms of trade, and natural disasters. Investment and export volumes are growing rapidly. These achievements have been capped in the last two years (1995–96) by a dramatic decline in inflation—from 70 percent in 1994 to 13 percent in the first eight months of 1996.
Series:
Country Report No. 1996/142
Subject:
Agricultural commodities Commodities Exports Imports International trade National accounts Tariffs Taxes Transportation
English
Publication Date:
January 23, 1997
ISBN/ISSN:
9781451827033/1934-7685
Stock No:
1MOZEA0011996
Pages:
106
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