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I definitely did misunderstand your comment, thanks for...

  1. 301 Posts.
    I definitely did misunderstand your comment, thanks for clarifying.

    World Bank data says that Mozambique's top exports are:

    Screen Shot 2017-07-24 at 1.14.47 am.png
    Source

    So the claim that Mozambique's major export is agricultural produce isn't accurate.

    On inflation, Zandamela raised rates to counteract inflation, this has successfully dampened inflation expectations as the Metical has strengthened reducing the rate of inflation on imported products.

    There's no doubt about it that Mozambique has endured an economic crisis, they're pretty close to coming out the other side of it though. Once the debts are re-negotiated, donor support returns (some time away yet), and the country presses forth with natural gas exports things will improve significantly.

    I have no issue being realistic about what is happening in Mozambique. I just think that all the pessimism is misreading the situation, like looking in the rear view mirror than out of the front windscreen.
 
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