Fiscal Balance in Mozambique

Mozambique Fiscal Balance | Economic News & Forecasts

Mozambique - Fiscal Balance

Growth likely remained subdued in the second quarter, after slowing to a one-and-a-half-year low in Q1. Economic activity growth nearly halved in April compared to the first-quarter average, mainly owing to softer activity in the commerce sector. And, although business sentiment improved in May from April, it remained well entrenched in pessimistic territory in both months and below the Q1 reading overall, hinting at stunted private-sector dynamism in Q2. In other news, last month, U.S. energy firm Anadarko Petroleum Corp. approved a USD 20 billion LNG project, the largest in Africa. The government also has an equity stake in the venture, but delayed its own fundraising until later in the year when market conditions become more favorable.

Mozambique - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-2.7  -10.7  -7.2  -6.3  -3.4  

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

Mozambique Facts

ValueChangeDate
Exchange Rate62.080.48 %Jul 11
Stock Market0.10.0 %Jul 11

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