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Tag: STA Financial Services

Bank of Mozambique admits economy may have to ‘bleed’ to keep inflation in check

Bank of Mozambique (BM) administrator Silvina Abreu admitted this Friday in the face of criticism from businessmen that the economy may have to bleed in the short term due to monetary policy to curb inflation. “We think it is necessary to allow in the short term a point where the economy – due to...
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