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VideoDecember 12, 2016

The Impact of the Economic Downturn on Life in Mozambique

As the country’s economic future remains uncertain, Mozambicans share how their lives have been affected by the devaluation of the Mozambican metical (MZN), an increase in public debt, and as much as a 40% increase in food prices. The World Bank’s latest country economic update, Facing Hard Choices, assesses the country’s ongoing economic situation and offers recommendations to restore fiscal stability.