Reuters: Mozambique in Good Shape but Must Control State Firms - IMF

Strong economic growth in Mozambique is supported by major investments in the coal mining and natural gas sectors but stricter control over state-run firms is necessary, the International Monetary Fund said on Thursday.

"Mozambique's continued strong growth performance and low inflation are commendable ... but more needs to be done to improve public financial management, including by stronger controls over state-owned enterprises," the IMF said in a statement.

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