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The metical (/ ˈ m ɛ t ɪ ˌ k æ l /; [2] plural: meticais) is the currency of Mozambique, abbreviated with the symbol MZN or MT.It is nominally divided into 100 centavos. The name metical comes from Arabic مثقال (), [3] a unit of weight and an alternative name for the gold dinar coin that was used throughout much of Africa until the 19th century.
15 January – Daniel Chapo is inaugurated as President of Mozambique. [ 1 ] 17 January – A court in the United States sentences former finance minister Manuel Chang to 8.5 years' imprisonment over the " Tuna bonds " scandal.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in Africa are sorted according to data from the International Monetary Fund. [1]
The dollar surged against global currencies last year and looks to remain strong in 2025 if global investors continue pouring money into the booming U.S. stock market, according to Societe ...
currency union Central bank interest rate (%) Change Effective date of last change Average inflation rate ... Mozambique: 12.25 0.50: 27 January 2025 [66] 6.22
Pages in category "2025 in Mozambique" This category contains only the following page. This list may not reflect recent changes. ...
In 1995 alone, Mozambique received $1.115 billion in aid. In 1999, the total external debt stood at $4.8 billion. Fortunately, in the same year significant economic recovery did occur, as the real GDP growth rate reached 10 percent. Today, the economy of Mozambique continues to be dominated by agriculture.
Chang was Mozambique’s top finance official from 2005 until 2015, when he signed off on loans that were supposed to pay for a tuna fishing fleet, a shipyard, Coast Guard vessels and other ...