MIMO POLICY RATE UNCHANGED AT 17.25%

The Monetary Policy Committee (MPC) of the Banco de Moçambique decided to keep the MIMO policy rate unchanged at 17.25%. This decision is underpinned by the maintenance of single-digit inflation prospects in the medium term, despite the materialization and exacerbation of some risks associated with inflation forecasts, in particular, the occurrence of natural disasters and increased pressure on public expenditure.

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