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According to a statistical report from the Bank of Mozambique, these reserves – in foreign currency – had grown in January to almost USD 3.601 billion (€3.323 billion), the highest figure since September 2021
According to official figures, Mozambique’s Net International Reserves (NIR) grew slightly in June, to USD 3.658 billion (€3.376 billion), guaranteeing more than three months of imports of goods and services.
According to a statistical report from the Bank of Mozambique, these reserves – in foreign currency – had grown in January to almost USD 3.601 billion (€3.323 billion), the highest figure since September 2021.
After several months in decline, Mozambique’s RIL grew to USD 3.652 billion (€3.371 billion) last May, increasing by a further 0.2% in June, guaranteeing the equivalent of the needs of 3.1 months of total imports, rising to 4.9 months excluding so-called major projects.
On 17 April, the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, acknowledged the “good performance” of the Mozambican economy, after receiving Mozambican President Filipe Nyusi in Washington.
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Alongside the Mozambican President, with whom she met for more than 30 minutes at the financial institution’s headquarters in the US capital, Kristalina Georgieva added that the result of this performance has been the “building of strong institutions”, putting “good policies into practice”.
