Analysis by Region - Emerging Markets - Mozambique

Analysis by Region - Emerging Markets - Mozambique

We have lowered our real GDP growth forecast for Mozambique in 2023 to 3.2%, from 3.5% previously, due to the adverse effects of Cyclone Freddy and other earlier widespread floods in Q1. Despite the start of natural gas exports from the Rovuma Basin, we expect slower expansions in the real value of exports of goods & services and fixed investment in 2023 amid weaker global growth.