[CLSTR]
< Back to situation

[REVISION HISTORY]

Mozambique economic and fiscal trends

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-28 14:23 UTC → 2026-08-28 22:29 UTC · added removed

In the first half of 2026, Mozambique's economy showed fragile recovery with a 0.10% GDP growth in the first quarter. Economic performance was hindered by extreme weather, including Cyclone Gezani and floods, as well as global tensions contributing to inflation of 7.51% in June. Public debt rose by approximately 26.78 billion meticais during this period, reaching a total of 1,117,374.3 million meticais. This debt is split between external and internal obligations, with By the Central Bank serving as a primary internal financier. end of June, external debt accounted for approximately 565.6 billion meticais. To fund energy, transport, and education, the government secured 891.69 million USD in new external financing, largely through donations from the World Bank and the African Development Bank. To manage liquidity and combat inflation, the central bank has utilized mandatory reserve coefficients. Concurrently, the Ministry of Finance reported a 3.9 percent decrease in public sector salaries and remuneration, totaling 107.2 billion meticais for the first half of the year. This reduction follows record spending in 2025. This fiscal tightening follows International Monetary Fund (IMF) recommendations to manage high payroll costs and debt servicing, with long-term goals to reduce servicing. Other recent developments include the weight of salaries state insurer EMOSE reporting a 42.8% increase in premiums for 2025, and the GDP from a projected 12 percent Sovereign Wealth Fund generating over USD 2 million in 2027 returns from January to 10.7 percent by 2029. June 2026. Additionally, the Administrative Tribunal reported that its oversight prevented approximately 1.25 billion meticais in irregular public spending during the first half of the year.

Versions

  1. 2026-08-28 22:29 UTC Mozambique economic and fiscal trends
  2. 2026-08-28 14:23 UTC Mozambique economic and fiscal trends

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.