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RSS FeedsMozambique state budget deficit at U.S. 77 billion dollars
(WorldNews Africa)

 
 

23 september 2017 14:41:33

 
Mozambique state budget deficit at U.S. 77 billion dollars
(WorldNews Africa)
 


MAPUTO Mozambique (Xinhua) -- According to government spokeswoman Ana Comoana, the 77-billion-dollar deficits correspond to 9.7 percent of GDP this year, compared to 10.7 percent in 2016. `In principle, we will cover this deficit through internal credit corresponding to 2.3 percent of GDP and external donations that may come from traditional donors or partners with whom Mozambique will recover agreements following the suspension of support,` said Comoana. For the coming 2018, the Mozambican government expects a GDP growth of 5.3 percent against 4.7 percent this year. The spokeswoman said that efforts have been made to...


 
7 viewsCategory: General > Africa
 
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