MAPUTO (Reuters) – Mozambique’s economic growth quickened to 3.7 percent in the third quarter of 2016 compared to a revised 3.4 percent in the second quarter, the National Statistics Institute said on Monday.
The southern African nation’s economy is in the midst of a crisis after the International Monetary Fund (IMF) and other global lenders cancelled funding after the emergence of more than $2 billion in loans that were not approved by parliament.
(Writing by Mfuneko Toyana; Editing by Ed Stoddard)
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
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