Fiscal Balance in Mozambique

Mozambique Fiscal Balance | Economic News & Forecasts

Mozambique - Fiscal Balance

Preliminary GDP data showed that the economy lost some steam at the start of the year, with growth moderating to 3.2% year-on-year in Q1 from 3.7% in Q4 2017. The expansion came primarily on the back of increased output in agriculture and extractive industries. Subdued activity seems to have continued into Q2, with economic activity slowing in April in annual terms on the heels of reduced turnover in the retail and transport sectors. In the political arena, President Filipe Nyusi and Ossufo Momade, the leader of the main opposition Renamo movement, announced a breakthrough agreement on 11 July over the integration of former rebels into the country’s security forces, removing a major obstacle for the conclusion of peace talks.

Mozambique - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-2.7  -11.7  -7.2  -6.2  -     

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Note: General government balance as % of GDP
Source: IMF

Mozambique Facts

ValueChangeDate
Exchange Rate58.580.48 %Jul 17
Stock Market0.20.0 %Jul 17

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