{"id":62285,"date":"2024-06-06T20:57:53","date_gmt":"2024-06-06T20:57:53","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister"},"modified":"2024-06-06T22:05:44","modified_gmt":"2024-06-06T22:05:44","slug":"gdp-definition-should-be-changed-minister","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister","title":{"rendered":"GDP definition should be changed \u2013 minister"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambique\u2019s minister of transport and communications, Mateus Magala, said in Nairobi on Friday that there should be an urgent review of the method for calculating Gross Domestic Product (GDP), so that it also includes the large natural resources, especially on the African continent.<\/p>\n

\u2018The conclusion is that the way it is calculated today doesn\u2019t seem to fit the reality because it omits the natural capital that is great. These forests, rivers, fauna, etc. It\u2019s omitted from the calculations,\u2019 explained the minister, speaking to Lusa after taking part in a panel discussion on natural resources and African productivity during the annual meetings of the African Development Bank (AfDB), which ended on Friday in Nairobi.<\/p>\n

He recalled that \u2018in the traditional definition of what is called GDP [GDP, all the wealth produced in a country], products are counted after they are manufactured and then sold\u2019, but argued that \u2018there are things that should be included even before\u2019, such as \u2018land for agriculture\u2019.<\/p>\n

\u2018This is done with the understanding that we are going through a critical phase of human existence, in which we all have to embrace a cause, which is climate change, defence against the adversities that climate change can bring,\u2019 said Magala, who is leading the Mozambican delegation at these AfDB meetings, representing the head of state, Filipe Nyusi.<\/p>\n

\u2018We all have to be aligned and Africa, Mozambique, has to determine its contribution to this agenda,\u2019 he said, pointing out, as he emphasised in the panel he took part in, the need to work together \u2018to increase the resilience of the human condition\u2019.<\/p>\n

That\u2019s why he argues that Mozambique\u2019s wealth is much greater than that measured by GDP alone: \u2018Absolutely. Here we call for reflection so that we can recheck, revalidate, whether the current way in which GDP is measured is really inclusive, comprehensive or even current in terms of the problems we have been going through and have to solve,\u2019 he emphasised.<\/p>\n

That\u2019s why it\u2019s necessary, he insisted, to \u2018reflect\u2019 and \u2018find a way to recognise\u2019 this weight in the country\u2019s wealth, which would bring gains and responsibilities for states like Mozambique, which has the third largest natural gas reserves in Africa.<\/p>\n

\u2018One is that the value of African economies and Mozambique in particular could be much greater than it is today,\u2019 he explained.<\/p>\n

On the other hand, these same resources \u2018can also have harmful effects\u2019, such as being exploited \u2018without a replacement plan\u2019.<\/p>\n

\u2018We can have growth today that is spectacular, but if we don\u2019t look far beyond today in the way we do that growth, we could be digging a very large grave to bury future generations, and that\u2019s where the current GDP doesn\u2019t reflect the sustainability of the planet,\u2019 he concluded.<\/p>\n

The African Development Bank Group is Africa\u2019s main development finance institution and has been meeting in Nairobi since Monday to discuss \u2018Africa\u2019s Transformation, the African Development Bank Group and the Reform of the Global Financial Architecture\u2019, with 3,000 participants expected to attend, including politicians, government officials, economists and experts from various fields from around the world.<\/p>\n

The AfDB Group has 81 member states, including 53 African countries and 28 countries outside the continent, including Portugal and Brazil.<\/p>\n

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

Africa-Press – Mozambique. Mozambique\u2019s minister of transport and communications, Mateus Magala, said in Nairobi on Friday that there should be an urgent review of the method for calculating Gross Domestic Product (GDP), so that it also includes the large natural resources, especially on the African continent. \u2018The conclusion is that the way it is calculated […]<\/p>\n","protected":false},"author":84,"featured_media":62284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,281,283],"class_list":["post-62285","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":"\nGDP definition should be changed \u2013 minister - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s minister of transport and communications, Mateus Magala, said in Nairobi on Friday that there should be an ...\" \/>\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\/gdp-definition-should-be-changed-minister\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GDP definition should be changed \u2013 minister\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s minister of transport and communications, Mateus Magala, said in Nairobi on Friday that there should be an ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-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=\"2024-06-06T20:57:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-06T22:05:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1433\" \/>\n\t<meta property=\"og:image:height\" content=\"955\" \/>\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\/gdp-definition-should-be-changed-minister#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"GDP definition should be changed \u2013 minister\",\"datePublished\":\"2024-06-06T20:57:53+00:00\",\"dateModified\":\"2024-06-06T22:05:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister\"},\"wordCount\":558,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.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\/gdp-definition-should-be-changed-minister#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister\",\"name\":\"GDP definition should be changed \u2013 minister - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.jpg\",\"datePublished\":\"2024-06-06T20:57:53+00:00\",\"dateModified\":\"2024-06-06T22:05:44+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Mozambique\u2019s minister of transport and communications, Mateus Magala, said in Nairobi on Friday that there should be an ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.jpg\",\"width\":1433,\"height\":955,\"caption\":\"GDP definition should be changed \u2013 minister\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GDP definition should be changed \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":"GDP definition should be changed \u2013 minister - Mozambique","description":"Mozambique\u2019s minister of transport and communications, Mateus Magala, said in Nairobi on Friday that there should be an ...","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\/gdp-definition-should-be-changed-minister","og_locale":"en_US","og_type":"article","og_title":"GDP definition should be changed \u2013 minister","og_description":"Mozambique\u2019s minister of transport and communications, Mateus Magala, said in Nairobi on Friday that there should be an ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2024-06-06T20:57:53+00:00","article_modified_time":"2024-06-06T22:05:44+00:00","og_image":[{"width":1433,"height":955,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.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\/gdp-definition-should-be-changed-minister#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"GDP definition should be changed \u2013 minister","datePublished":"2024-06-06T20:57:53+00:00","dateModified":"2024-06-06T22:05:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister"},"wordCount":558,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.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\/gdp-definition-should-be-changed-minister#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister","name":"GDP definition should be changed \u2013 minister - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.jpg","datePublished":"2024-06-06T20:57:53+00:00","dateModified":"2024-06-06T22:05:44+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Mozambique\u2019s minister of transport and communications, Mateus Magala, said in Nairobi on Friday that there should be an ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/06\/sm_1717695039.938404.jpg","width":1433,"height":955,"caption":"GDP definition should be changed \u2013 minister"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gdp-definition-should-be-changed-minister#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"GDP definition should be changed \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\/62285","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=62285"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/62285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/62284"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=62285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=62285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=62285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}