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Analysis by Region - Emerging Markets - Mozambique

Publisher Oxford Economics
Published Mar 28, 2022
Length 6 Pages
SKU # OFE17063648

Description

Analysis by Region - Emerging Markets - Mozambique

We expect the commodity price shock caused by the Russia-Ukraine war will bolster exports and government revenues, which will offset the impact of higher import prices on inflation and consumer spending. The benefit to GDP will be limited though, as we have raised our 2022 economic growth forecast by only 0.2 pts to 3.4%. Furthermore, the risks to growth are skewed to the downside, due to the uncertainties relating to the outcome of the war in Ukraine, the adverse effects of tropical storms, and the escalating costs of the ongoing war with Islamist extremists in northern Mozambique.

Table of Contents

6 Pages
Mozambique: Growth forecast raised slightly, but risks skewed to downside
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

Pricing

Currency Rates
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