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Mozambique's external deficit widens in 2024 despite investment growth

NAMPA / Xinhua
2025-06-08
MAPUTO, June 8 (Xinhua) -- Mozambique's external accounts came under pressure in 2024, with the combined current and capital account deficit widening to 2.23 billion U.S. dollars, or 10.1 percent of its domestic gross product (GDP), according to the latest Annual Balance of Payments Bulletin 2024 from the Bank of Mozambique. The figure reflects a 26.4 percent increase from the previous year. The deterioration was driven by a rising current......
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