Mozambique’s Private Sector Warns Recovery Depends on Fixing Foreign Currency Shortages and State Debt
By MOZTIMES MAPUTO (MOZTIMES) - Mozambique's private sector says the country's economic recovery will remain fragile unless the authorities tackle persistent structural bottlenecks, including shortages of foreign currency, delayed payments by the State and limited access to financing. Álvaro Massingue, the Chairperson of the Confederation of Mozambican Business Associations (CTA), issued this warning on Thursday, during […]
Black News 
By MOZTIMES
MAPUTO (MOZTIMES) - Mozambique's private sector says the country's economic recovery will remain fragile unless the authorities tackle persistent structural bottlenecks, including shortages of foreign currency, delayed payments by the State and limited access to financing.
Álvaro Massingue, the Chairperson of the Confederation of Mozambican Business Associations (CTA), issued this warning on Thursday, during the CTA’s 20th Economic Briefing, when he painted a mixed picture of the economy: stable inflation and easing interest rates on one hand but weakening business confidence and declining corporate resilience on the other.
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