Analysis by Region - Emerging Markets - Mozambique
The spate of violent protests and strikes in the wake of the disputed general elections in October has disrupted business operations across various sectors and is a blow to investor and business confidence. The turn of events has raised the risk of lower economic growth next year as some fixed investments will likely be deferred. Before the election, the economy was already facing the challenges of slowing gas exports and foreign exchange shortages. We have lowered our real GDP growth forecast to 4.0% in 2024 and 3.4% in 2025.
Mozambique: Election clashes cast shadow over economy