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Mozambique last year's economic growth of 6.5%

Release Date:2012-05-05  Hits:643
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The Manuel is still on the closing ceremony of the fifth Coordination Committee in the Ministry of Finance said that despite the world economic crisis, Mozambique last year's total fiscal revenue reached 63.566 billion meticais (about $ 1 31 Metical), more than 10 percent of fiscal revenue targets. 95% control rate of the capital expenditure of resources. Budget expenditure control within the extent permitted by law, to 86.4%. Budget deficit from 45 World steel pipe network editing .6 percent in 2009 to 41 percent in 2010.


He also pointed out that in the past year, Mozambique's inflation rate was 12.7% World Pipe network informed, Mo currency of Metical against the U.S. dollar depreciated by nearly 20%.

Mozambican Finance Minister Manuel is still 8, announced the the Monan Ministry of Inhambane City, 2010, Mozambique strict implementation of the tax and budget policy, and to strengthen the management of public resources, economic development Mo positive results, the economic growth rate was 6.5% higher than the national average economic growth of 5.9% of the level of the Sub-Saharan Africa.

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