{"id":27439,"date":"2022-10-07T17:09:32","date_gmt":"2022-10-07T17:09:32","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023"},"modified":"2022-10-07T17:13:13","modified_gmt":"2022-10-07T17:13:13","slug":"government-projects-5-growth-in-2023","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023","title":{"rendered":"Government projects 5% growth in 2023"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Mozambican government forecasts economic growth of 5% next year, in the 2023 state plan and budget draft approved by the Council of Ministers on Wednesday, Cabinet spokesman Filimao Suaze announced yesterday.<\/p>\n

\u201cThe Economic and Social Plan and State Budget (PESOE) for 2023 aims to set annual macroeconomic targets, aiming to achieve a growth in Gross Domestic Product (GDP) of 5% and maintain the average annual inflation rate at 11.5%,\u201d Suaze said.<\/p>\n

Based on the figures recorded by the National Statistics Institute (INE) up to August, inflation in Mozambique this year stood at 7.62%.<\/p>\n

A recent forecast by Standard Bank anticipated Mozambique having inflation of 11.7% by the end the year, with the pace of price rises slowing down in the following months.<\/p>\n

For its part, consultancy Oxford Economics Africa expects year-on-year inflation to remain above 12% in 2022.<\/p>\n

With regard to economic growth, Mozambican GDP grew by 4.37% in the first half of 2022, and the International Monetary Fund (IMF) \u2013 which in May reopened the country\u2019s access to financing \u2013 points to a growth of 3.8% by the end of this year.<\/p>\n

According to the spokesman for the Council of Ministers, exports are expected to rise to US$8.8 billion (\u20ac8.9 billion) in 2023, and reserves to cover three months of imports of goods and services should be amassed.<\/p>\n

In nominal terms, the draft 2023 State Budget foresees expenditure of 472 billion meticais (\u20ac7.5 billion), about a quarter of which will be covered by borrowing.<\/p>\n

Parliament, which resumes this Thursday and will sit until December, will debate the Economic and Social Plan and State Budget for next year in due course.<\/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 forecasts economic growth of 5% next year, in the 2023 state plan and budget draft approved by the Council of Ministers on Wednesday, Cabinet spokesman Filimao Suaze announced yesterday. \u201cThe Economic and Social Plan and State Budget (PESOE) for 2023 aims to set annual macroeconomic targets, aiming to achieve […]<\/p>\n","protected":false},"author":84,"featured_media":27438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[233,281,283],"class_list":["post-27439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nGovernment projects 5% growth in 2023 - Mozambique<\/title>\n<meta name=\"description\" content=\"The Mozambican government forecasts economic growth of 5% next year, in the 2023 state plan and budget draft approved by ...\" \/>\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\/government-projects-5-growth-in-2023\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government projects 5% growth in 2023\" \/>\n<meta property=\"og:description\" content=\"The Mozambican government forecasts economic growth of 5% next year, in the 2023 state plan and budget draft approved by ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023\" \/>\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=\"2022-10-07T17:09:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-07T17:13:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\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=\"2 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\/government-projects-5-growth-in-2023#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government projects 5% growth in 2023\",\"datePublished\":\"2022-10-07T17:09:32+00:00\",\"dateModified\":\"2022-10-07T17:13:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023\"},\"wordCount\":270,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023\",\"name\":\"Government projects 5% growth in 2023 - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg\",\"datePublished\":\"2022-10-07T17:09:32+00:00\",\"dateModified\":\"2022-10-07T17:13:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Mozambican government forecasts economic growth of 5% next year, in the 2023 state plan and budget draft approved by ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg\",\"width\":900,\"height\":675,\"caption\":\"Government projects 5% growth in 2023\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government projects 5% growth in 2023\"}]},{\"@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":"Government projects 5% growth in 2023 - Mozambique","description":"The Mozambican government forecasts economic growth of 5% next year, in the 2023 state plan and budget draft approved by ...","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\/government-projects-5-growth-in-2023","og_locale":"en_US","og_type":"article","og_title":"Government projects 5% growth in 2023","og_description":"The Mozambican government forecasts economic growth of 5% next year, in the 2023 state plan and budget draft approved by ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-10-07T17:09:32+00:00","article_modified_time":"2022-10-07T17:13:13+00:00","og_image":[{"width":900,"height":675,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Government projects 5% growth in 2023","datePublished":"2022-10-07T17:09:32+00:00","dateModified":"2022-10-07T17:13:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023"},"wordCount":270,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","head lines","homepage-english","policy","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023","name":"Government projects 5% growth in 2023 - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg","datePublished":"2022-10-07T17:09:32+00:00","dateModified":"2022-10-07T17:13:13+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Mozambican government forecasts economic growth of 5% next year, in the 2023 state plan and budget draft approved by ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_1-63405df7ad7b0.jpg","width":900,"height":675,"caption":"Government projects 5% growth in 2023"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/government-projects-5-growth-in-2023#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Government projects 5% growth in 2023"}]},{"@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\/27439","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=27439"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/27439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/27438"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=27439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=27439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=27439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}