The president of Mozambique’s Confederation of Economic Associations (CTA) said that the post-election protests “almost destroyed” 40% of the country’s industrial fabric, and therefore defended a sound macroeconomic policy in the recovery phase.
The president of CTA said that the private sector is in a phase of recovery after the violent demonstrations that have taken place in Mozambique since October and that, at this stage, the presence of a sound macroeconomic policy is “very necessary”. He said that 67 companies and managers had met with Mozambique’s president, Daniel Chapo. In this meeting, the private sector agreed to join the government group surveying the protests’ impacts.
(Source LUSA)
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