{"id":31373,"date":"2022-12-22T16:43:49","date_gmt":"2022-12-22T16:43:49","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2"},"modified":"2022-12-22T17:06:26","modified_gmt":"2022-12-22T17:06:26","slug":"mozambique-has-regained-credibility-declares-nyusi-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2","title":{"rendered":"Mozambique has regained credibility, declares Nyusi"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>2022 was the year in which Mozambique regained credibility on the international financial market, President Filipe Nyusi claimed on Tuesday, as he delivered his annual State of the Nation address to the country\u2019s parliament, the Assembly of the Republic.<\/p>\n

\u201cAfter more than six years of suspension, we achieved an agreement with the International Monetary Fund (IMF) for macro-economic stabilization\u201d, said Nyusi. \u201cThis agreement opened the doors to the re-establishment of normal relations with the other global financial partners\u201d.<\/p>\n

This renewed trust, he continued, \u201callowed us to achieve with the World Bank a non-reimbursable financing agreement, to the sum of 300 million dollars, to support the State Budget in 2022\u201d.<\/p>\n

\u201cWith the resumption of bilateral and multilateral partnerships, we are laying the bases for speeding up short, medium and long term macro-economic and structural reforms\u201d, Nyusi claimed. \u201cWith this renewed credibility we have restored the respect and trust that the Mozambican people deserve. In 2022, we were able to restore the good name and reputation of our country\u201d.<\/p>\n

Mozambique had lost that good name in April 2016, when the scale of the scandal of the \u201chidden debts\u201d became public knowledge. Three fraudulent, security-linked Mozambican companies had obtained loans of over two billion dollars from the banks Credit Suisse and VTB of Russia. This was only possible because the government of the day, under the then President Armando Guebuza, issued illegal loan guarantees, meaning that when the three companies went predictably bankrupt, the Mozambican state took responsibility for repaying the debts.<\/p>\n

Nyusi declared that Mozambique\u2019s regained trust \u201cmust be sustained by good practices, and this does not depend only on the government. All of us must consolidate, in our daily lives, a culture of transparency and accountability\u201d.<\/p>\n

The President said that, at the end of the third quarter of 2022, the annual economic growth rate had reached 4.37 per cent, much higher than either the 2.16 per cent recorded for 2021, or the initial forecast of 2.9 per cent for this year.<\/p>\n

State revenue in the first nine months of the year was 214.9 billion meticais (about 3.4 billion dollars, at the current exchange rate), which was 73.1 per cent of the annual target, and compares with 198.1 billion meticais raised in the same period of 2021.<\/p>\n

Public expenditure in the first three quarters of 2022 was 450.6 million meticais, which is 60.1 per cent of the annual target.<\/p>\n

There was strong pressure on Mozambique\u2019s domestic indebtedness, Nyusi said. Over the year the State\u2019s domestic debt rose by 39 billion meticais, reaching a total debt stock of 266.5 billion meticais. Increased interest rates had resulted in increased demand for Mozambican Treasury Bonds.<\/p>\n

\u201cDespite everything, prospects remain for continual, sustainable growth of the economy\u201d, declared the President. \u201cDespite all the contingencies imposed on us, we have managed to dissipate inflationary pressures until the end of the year, based on an increase in production and productivity in the various sectors of the economy\u201d.<\/p>\n

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

Africa-Press – Mozambique. 2022 was the year in which Mozambique regained credibility on the international financial market, President Filipe Nyusi claimed on Tuesday, as he delivered his annual State of the Nation address to the country\u2019s parliament, the Assembly of the Republic. \u201cAfter more than six years of suspension, we achieved an agreement with the […]<\/p>\n","protected":false},"author":84,"featured_media":31372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,281,283],"class_list":["post-31373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nMozambique has regained credibility, declares Nyusi - Mozambique<\/title>\n<meta name=\"description\" content=\"2022 was the year in which Mozambique regained credibility on the international financial market, President Filipe Nyusi ...\" \/>\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\/mozambique-has-regained-credibility-declares-nyusi-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique has regained credibility, declares Nyusi\" \/>\n<meta property=\"og:description\" content=\"2022 was the year in which Mozambique regained credibility on the international financial market, President Filipe Nyusi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2\" \/>\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=\"2022-12-22T16:43:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-22T17:06:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"599\" \/>\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\/mozambique-has-regained-credibility-declares-nyusi-2#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique has regained credibility, declares Nyusi\",\"datePublished\":\"2022-12-22T16:43:49+00:00\",\"dateModified\":\"2022-12-22T17:06:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2\"},\"wordCount\":491,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2\",\"name\":\"Mozambique has regained credibility, declares Nyusi - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg\",\"datePublished\":\"2022-12-22T16:43:49+00:00\",\"dateModified\":\"2022-12-22T17:06:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"2022 was the year in which Mozambique regained credibility on the international financial market, President Filipe Nyusi ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg\",\"width\":900,\"height\":599,\"caption\":\"Mozambique has regained credibility, declares Nyusi\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mozambique has regained credibility, declares Nyusi\"}]},{\"@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":"Mozambique has regained credibility, declares Nyusi - Mozambique","description":"2022 was the year in which Mozambique regained credibility on the international financial market, President Filipe Nyusi ...","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\/mozambique-has-regained-credibility-declares-nyusi-2","og_locale":"en_US","og_type":"article","og_title":"Mozambique has regained credibility, declares Nyusi","og_description":"2022 was the year in which Mozambique regained credibility on the international financial market, President Filipe Nyusi ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-12-22T16:43:49+00:00","article_modified_time":"2022-12-22T17:06:26+00:00","og_image":[{"width":900,"height":599,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.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\/mozambique-has-regained-credibility-declares-nyusi-2#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Mozambique has regained credibility, declares Nyusi","datePublished":"2022-12-22T16:43:49+00:00","dateModified":"2022-12-22T17:06:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2"},"wordCount":491,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","policy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2","name":"Mozambique has regained credibility, declares Nyusi - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg","datePublished":"2022-12-22T16:43:49+00:00","dateModified":"2022-12-22T17:06:26+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"2022 was the year in which Mozambique regained credibility on the international financial market, President Filipe Nyusi ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/12\/postQueueImg_1671714848.22-63a48e45339c2.jpg","width":900,"height":599,"caption":"Mozambique has regained credibility, declares Nyusi"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-has-regained-credibility-declares-nyusi-2#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Mozambique has regained credibility, declares Nyusi"}]},{"@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\/31373","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=31373"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/31373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/31372"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=31373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=31373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=31373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}