Mozambique has achieved strong growth during the last decade. It is enjoying increasing inflows of foreign direct investment, mostly focused on extractive industries. The government is ramping up infrastructural development to support this growth, as well as ensuring that all the people of Mozambique benefit from rising income and a declining reliance on foreign aid.
Its poverty reduction programme is working to increase agricultural production, develop small and medium-sized enterprises (SMEs) and invest in human and social development. It is also widening its social safety net
s to help cushion Mozambicans from the effects of inflation, although this remains moderate.
- Population: 25 200 000
- Nominal GDP: USD16.1 billion
- Real GDP growth: 7.2%
- CPI: 3.3%
* 2015 forecast