{"id":26542,"date":"2022-09-19T15:04:25","date_gmt":"2022-09-19T15:04:25","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister"},"modified":"2022-09-19T15:14:26","modified_gmt":"2022-09-19T15:14:26","slug":"fuel-prices-expected-to-fall-in-october-minister","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister","title":{"rendered":"Fuel prices expected to fall in October \u2013 minister"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Mozambican government announced in Maputo this Friday that it expects fuel prices to fall in October this year.<\/p>\n

These expectations, according to Finance Minister, Max Tonela, are based on current downward trends of the cost of a barrel of oil in the international market.<\/p>\n

\u201cWe forecast that in October and, probably, November we may cut down the prices of liquid fuels in Mozambique and, in this way, influence inflation which will improve the capacity of families to buy goods and services,\u201d Tonela said.<\/p>\n

The minister was speaking at a Maputo press conference to take stock of the activities carried out by an international Monetary Fund (IMF) Evaluation Mission on the performance of the Mozambican government in implementing programmes aimed at consolidating the country\u2019s macroeconomic stability and improving public finances management.<\/p>\n

\u201cOur forecast is for stabilisation of fuel prices in the international market due to a downward trend. Prices peaked at 120 US dollars a barrel and are currently trading around 94 to 95, US dollars\u201d, explained the minister.<\/p>\n

The rise of fuel and food prices has pushed inflation to 11 per cent, against the 07 per cent projected for this year. \u201cThis stems from exogenous factors to our economy,\u201d Tonela said.<\/p>\n

For his turn, IMF\u2019s Chief of Mission, \u00c1lvaro Piris, said the war in Ukraine has pushed prices in the international market, particularly fuel and food which is \u201ca challenge for the whole world.\u201d<\/p>\n

The same source says that even the most powerful countries are facing the challenge caused by rising inflation.<\/p>\n

\u201cFor Mozambique this challenge comes on top of a number of shocks such as the Covid-19 pandemic, cyclones, among others. However, it is important to stress that Mozambique managed to maintain macroeconomic stability during all these years of challenges and our assessment points out that the authorities have dealt with these challenges in the right way. They have managed to do the same in relation to the challenge posed by the war in Ukraine,\u201d he added.<\/p>\n

In terms of the package of measures to stimulate the economy announced recently by Mozambican President Filipe Nyusi, the head of IMF mission said, \u201cour assessment is also positive and that policies adopted fit well with our support and aim to help the growth of both economy and private sector.<\/p>\n

\u201cThese measures will have an impact on business and business environment in the country,\u201d noted Piris, who expects Mozambique\u2019s economic growth to reach 3.8 percent this year.<\/p>\n

According to Pires, \u201cwe are looking at macroeconomic stability in the country due to good management by the government, despite the prevailing challenging situation.<\/p>\n

\u201cWe expect more successes in the months ahead,\u201d he said, adding that for now the assessment concluded that it was not necessary to strengthen the financial package to support Mozambique in facing the challenges posed by higher fuel and food prices.<\/p>\n

In April this year, the government signed an agreement with the IMF to implement a programme to strengthen the country\u2019s macroeconomic stability and improve the management of public finances.<\/p>\n

Under the agreement, the government made a number of commitments, some quantitative and others qualitative, with targets to be met over defined periods of time and subject to monitoring and evaluation process by the IMF.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The Mozambican government announced in Maputo this Friday that it expects fuel prices to fall in October this year. These expectations, according to Finance Minister, Max Tonela, are based on current downward trends of the cost of a barrel of oil in the international market. \u201cWe forecast that in October and, probably, […]<\/p>\n","protected":false},"author":84,"featured_media":26541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,16],"tags":[233,281,283],"class_list":["post-26542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nFuel prices expected to fall in October \u2013 minister - Mozambique<\/title>\n<meta name=\"description\" content=\"The Mozambican government announced in Maputo this Friday that it expects fuel prices to fall in October this year. The ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fuel prices expected to fall in October \u2013 minister\" \/>\n<meta property=\"og:description\" content=\"The Mozambican government announced in Maputo this Friday that it expects fuel prices to fall in October this year. The ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-19T15:04:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-19T15:14:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"850\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fuel prices expected to fall in October \u2013 minister\",\"datePublished\":\"2022-09-19T15:04:25+00:00\",\"dateModified\":\"2022-09-19T15:14:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister\"},\"wordCount\":553,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister\",\"name\":\"Fuel prices expected to fall in October \u2013 minister - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg\",\"datePublished\":\"2022-09-19T15:04:25+00:00\",\"dateModified\":\"2022-09-19T15:14:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Mozambican government announced in Maputo this Friday that it expects fuel prices to fall in October this year. The ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg\",\"width\":1280,\"height\":850,\"caption\":\"Fuel prices expected to fall in October \u2013 minister\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fuel prices expected to fall in October \u2013 minister\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fuel prices expected to fall in October \u2013 minister - Mozambique","description":"The Mozambican government announced in Maputo this Friday that it expects fuel prices to fall in October this year. The ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister","og_locale":"en_US","og_type":"article","og_title":"Fuel prices expected to fall in October \u2013 minister","og_description":"The Mozambican government announced in Maputo this Friday that it expects fuel prices to fall in October this year. The ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-09-19T15:04:25+00:00","article_modified_time":"2022-09-19T15:14:26+00:00","og_image":[{"width":1280,"height":850,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Fuel prices expected to fall in October \u2013 minister","datePublished":"2022-09-19T15:04:25+00:00","dateModified":"2022-09-19T15:14:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister"},"wordCount":553,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","economy","head lines","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister","name":"Fuel prices expected to fall in October \u2013 minister - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg","datePublished":"2022-09-19T15:04:25+00:00","dateModified":"2022-09-19T15:14:26+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Mozambican government announced in Maputo this Friday that it expects fuel prices to fall in October this year. The ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_3-63288734a9559.jpg","width":1280,"height":850,"caption":"Fuel prices expected to fall in October \u2013 minister"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fuel-prices-expected-to-fall-in-october-minister#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Fuel prices expected to fall in October \u2013 minister"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/26542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=26542"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/26542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/26541"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=26542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=26542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=26542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}