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A rápida depreciação do metical face ao dólar

A moeda moçambicana, o metical, perdeu 50% do seu valor, passando de 30 meticias /1US em Janeiro para 45 meticais /1USD desde no dia 1 de Outubro. Normalmente, quando há uma acentuada depreciação do metical em relação ao Dólar norte-americano, o Governo moçambicano intervém para restaurar a moeda ao equilibrá-lo através da política monetária.

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Was the Metical Overvalued?

The dramatic decline of metical/dollar exchange rate (currently at 50MZN / 1USD) raises questions as to whether the Metical was overvalued.

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Serà que o Metical esteve supervalorizado?

O acentuado declínio da taxa de câmbio metical / dólar (atualmente em 50MZN / 1USD) levanta questões sobre a validade da taxa da cambio. O Governo através do banco central já revelou a sua incapacidade de intervir diretamente para parar  a rápida depreciação actual do metical, devido à escassez de divisas.

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Xitique – Está na moda

Temos “Xitique” de família, “Xiitique” do job, “Xitique” da igreja, “Xitique” dos amigos que têm obras, e “Xitique” dos “cotas” (pais na tradução portuguesa). Esta lista não é exaustiva. Esta forma de poupar dinheiro é muito comum, e é praticada para qualquer propósito.

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Mozambique Economy 2014: Recent Developments and Prospects

Economic activity in Mozambique in 2013 was robust, despite the uncertain security situation and unfavorable weather conditions. Major flooding in the first quarter curtailed real GDP growth to 7%, 0.2% below that of 2012, and short of the initial 8.5% forecast. The government’s macroeconomic management has been prudent, and the country agreed a new three-year Policy Support Instrument (PSI) program with the International Monetary Fund (IMF). The buoyant economy remains driven by mega-projects, predominantly funded by foreign capital, focused on aluminium, extractive industries, and the energy sector. The extractive sector was the fastest growing in 2013 at 22%, propelled by coal exports. Another continued growth driver has been increased public expenditure – scheduled to reach 36.8% of GDP in 2014 – primarily benefiting the construction, services, and transport and communications sectors. The steady gains in GDP per capita – up 44.7% since 2010, and now estimated at USD 640 (United States dollars) – is fuelling domestic demand, although this is centered exclusively on urban areas, where about 20% of the population lives. The financial sector follows behind the extractive industry as the most dynamic. It expanded by 17.7% in 2013, supported by increased household income and credit expansion. The agriculture sector, which employs 70% of the population, remains relatively sluggish presenting 4.6% growth in 2013.

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Introdução ao IVA

O QUE É O IVA?
O IVA é um imposto sobre o consumo final de bens e serviços que é colectado a cada fase do processo de produção e distribuição. Do ponto de vista do comprador, o IVA é um imposto sobre o preço de compra. Do ponto de vista do vendedor, o IVA é um imposto sobre o valor acrescentado (por isso é chamado de imposto sobre valor acrescentado) neste ponto da cadeia de produção/distribuição.

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Maputo: Poverty and Prosperity in a Glass House

Mozambique is still such a young country, but it already has quite a long history. Only gaining independence in 1975, it then quickly plunged into 17 years of cold and hot wars, only emerging in 1990 to pass a modern constitution. In the capital city of Maputo the history still hangs heavily in the air, pierced by the spire of the Portuguese Catholic Church, divided by Avenidas called Karl Marx, and Ho Chi Minh.

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The digital economy and policy implications for trade

JB Cronjé, tralac Researcher, discusses how digital technologies are transforming global trade

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The Mozambican Paradox- GDP vs Public debt growth

Wasteful debt driven investments artificially boost growth while constraining possibilities for broad-based development. According the Proposed State Budget 2015  Mozambique’s public debt rose to over 37% of GDP (~ $9.2billion)  running very close to the 40% debt-to-GDP ratio benchmarked by the IMF as a prudent limit.  We are witnessing meteoric increases in debt, which has grown from 35% to 60% of GDP since 2011 (4 times & 25%, faster than GDP growth) despite that fact that 31% of the budget deficit being financed by donors.

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