Mozambique: Decarbonisation of transport in Maputo to be underway by 2030
FILE - Salim Valá, Chairman of the Board of Directors of the Mozambique Stock Exchange (BVM). [File photo: O Económico]
The Mozambique Stock Exchange warns that Mozambique’s economic growth should involve diversified sectors and products to ensure inclusive growth of the Gross Domestic Product (GDP) and livelihoods of communities.
This position was advocated by Salim Valá, Chairman of the Board of Directors of the Mozambique Stock Exchange, who further advances that the concentration of growth in a single product is not advisable for the strength of a country’s economy.
He emphasizes that recently, the situation in Mozambique has been presented as a single solution, particularly focusing on the extractive mining sector, which, in his view, does not contribute to job creation.
Salim Valá spoke on Wednesday in Nampula at the Mozambique Stock Exchange seminar and recalled that the Mozambican government has a strategy for economic diversification; however, more work needs to be done to implement the strategy.
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