A year of hope. (Mozambique)

From: African Business | Date: March 1, 1996| Author: | Copyright information

Mozambique remains one of the poorest countries in the world but with the ongoing reconciliation and political reform, recovery may be in the offing. The country held its first multi-party elections in Oct. 1995 and newly-elected Pres. Joaquim Chissano is overseeing the integration of the two armies. Close trade relations with South Africa is also expected to have a positive impact on the economy. However, economic recovery will largely depend on the continuing flow of foreign aid to the country.

Mozambique may still be one of the poorest nations on earth, but as Guy Arnold reports, peace ...

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