Consultancy Oxford Economics this Sunday suggested that after 5% growth in Mozambique, the economy will slow to 4.5% this year, despite an expected 2.5% increase in natural gas production.
“We expect a 2.5% slowdown in natural gas production this year to help slow economic growth to 4.5% this year,” Oxford Economics analysts wrote, commenting on economic growth of 5% last year.
“Despite the challenges posed by Cyclone Fredi, the longest cyclone ever recorded, and ongoing violence in Cabo Delgado, the economy managed to move forward in 2023 thanks to increased production of liquefied natural gas off the coast,” notes the UK’s Africa department. consulting company.
Author: Lusa
Source: CM Jornal
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