{"id":47715,"date":"2023-10-01T20:05:52","date_gmt":"2023-10-01T20:05:52","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term"},"modified":"2023-10-01T21:48:22","modified_gmt":"2023-10-01T21:48:22","slug":"central-bank-expects-moderate-economic-growth-in-the-medium-term","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term","title":{"rendered":"Central bank expects moderate economic growth in the medium term"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Bank of Mozambique\u2019s Monetary Policy Committee (CPMO) expects \u201cmoderate economic growth in the medium term\u201d for the country, as well as continued recovery of the national economy.<\/p>\n

\u201cExcluding natural gas projects, economic activity is expected to continue to recover, despite the probable negative impacts of climate shocks on agricultural production and various infrastructures,\u201d said a report on the \u201cEconomic Situation and Inflation Prospects,\u201d released yesterday.<\/p>\n

It added that in the second quarter of 2023, Mozambique\u2019s Gross Domestic Product grew by 4.7%, reflecting \u201cessentially a remarkable performance by the extractive industry, especially natural gas production\u201d.<\/p>\n

\u201cIn the medium term, it is expected that the extractive industry will continue to contribute to the acceleration of Gross Domestic Product growth,\u201d he also said, admitting that the \u201crecovery trend\u201d of economic activity in the country \u201ccontinues\u201d.<\/p>\n

\u201cThe performance of the economy in the first half of the year continues to indicate a gradual recovery in economic activity, despite the effects of the climatic shocks that have hit the country. As a result, real GDP growth is tending to approach its long-term trend,\u201d he emphasised.<\/p>\n

The Mozambican economy is expected to grow by 5% in 2023, according to the government\u2019s forecast at the beginning of the year.<\/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 Bank of Mozambique\u2019s Monetary Policy Committee (CPMO) expects \u201cmoderate economic growth in the medium term\u201d for the country, as well as continued recovery of the national economy. \u201cExcluding natural gas projects, economic activity is expected to continue to recover, despite the probable negative impacts of climate shocks on agricultural production and […]<\/p>\n","protected":false},"author":84,"featured_media":47714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-47715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nCentral bank expects moderate economic growth in the medium term - Mozambique<\/title>\n<meta name=\"description\" content=\"The Bank of Mozambique\u2019s Monetary Policy Committee (CPMO) expects \u201cmoderate economic growth in the medium term\u201d for 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\/central-bank-expects-moderate-economic-growth-in-the-medium-term\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central bank expects moderate economic growth in the medium term\" \/>\n<meta property=\"og:description\" content=\"The Bank of Mozambique\u2019s Monetary Policy Committee (CPMO) expects \u201cmoderate economic growth in the medium term\u201d for the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term\" \/>\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=\"2023-10-01T20:05:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-01T21:48:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/10\/sm_1696180679.792116.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"438\" \/>\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=\"1 minute\" \/>\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\/central-bank-expects-moderate-economic-growth-in-the-medium-term#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Central bank expects moderate economic growth in the medium term\",\"datePublished\":\"2023-10-01T20:05:52+00:00\",\"dateModified\":\"2023-10-01T21:48:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term\"},\"wordCount\":224,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/10\/sm_1696180679.792116.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/central-bank-expects-moderate-economic-growth-in-the-medium-term\",\"name\":\"Central bank expects moderate economic growth in the medium term - 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