Central Bank chief says Mozambique has high debt, low savings

Rogério Zandamela, Mozambique’s Central Bank head, says the country has built up big debt without enough savings. He spoke at Maputo’s Polytechnic University, stressing the need for financial caution. Zandamela highlighted that the country faces structural deficits. These make it hard to manage money and respond to frequent crises. He pointed out that Mozambique is […]

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