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Mozambique's Weak Economy Influenced by Zimbabwe Crisis
Mozambique's current low economic growth is influenced by the weak performance of the economies in neighboring South Africa and Zimbabwe, an official from the United Nations Development Program (UNDP) said Thursday in Maputo.
Mark Malloch Brown, the UNDP administrator, made his comments at the end of his three-day visit to Mozambique, where he assessed application of the country's post-flood crisis reconstruction program, financed by a fund of about 453 million U.S dollars pledged at a UNDP-coordinated donors conference.
Due to its proximity, Mozambique has a "tremendous interest not only in the two countries' economic growth but also in the political stability of Zimbabwe," Brown said.
Earlier on Thursday, Brown and Mozambican President Joaquim Alberto Chissano, who is also chairman of the SADC body for political, defense and security cooperation, discussed the situation in Zimbabwe and the recent development during their talks.
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