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MOZAMBIQUE
COUNTRY STATSCAPITAL: MAPUTO POPULATION: 20,366,794 LANGUAGE: PORTUGUESE BELOW POVERTY: 54% ACCESS TO WATER: 42% ACCESS TO IMPROVED SANITATION: 31% AVERAGE ANNUAL INCOME: $1,056 CHRISTIAN: 56% |
PARTNERED NGOIn Mozambique, twice a month, more than 30 Pastor’s Networks come together to sing, pray and challenge each other to answer the biblical call to serve the poor and suffering. Each congregation has devoted volunteers who meet regularly to share experiences and lessons learned. They are active in health promotion, economic empowerment and in caring for the sick and dying.
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MOZAMBIQUE ECONOMY |
NEWS |
Alleviating poverty: at the end of the civil war in 1992, Mozambique ranked among the poorest countries in the world. It still ranks among the least developed countries, with very low socioeconomic indicators. In the last decade, however, it has experienced a notable economic recovery. Per capita GDP in 2000 was estimated at $222; in the mid-1980s, it was $120. With a high foreign debt (originally $5.7 billion at 1998 net present value) and a good track record on economic reform, Mozambique was the first African country to receive debt relief under the initial Heavily Indebted Poor Country (HIPC) Initiative. In April 2000, Mozambique qualified for the Enhanced HIPC program as well and attained its completion point in September 2001. This led to the Paris Club members agreeing in November 2001 to substantially reduce the remaining bilateral debt. This will lead to the complete forgiveness of a considerable volume of bilateral debt, including that owed to the United States.
The resettlement of war refugees and successful economic reform have led to a high growth rate: the average growth rate from 1993 to 1999 was 6.7%; from 1997 to 1999, it averaged more than 10% per year. The devastating floods of early 2000 slowed GDP growth to a 2.1%; estimates point to a full recovery in 2001. The government projects have caused the economy to continue to expand between 7%-10% a year for the next 5 years, although rapid expansion in the future hinges on several major foreign investment projects, continued economic reform, and the revival of the agriculture, transportation, and tourism sectors. More than 75% of the population engages in small scale agriculture, which still suffers from inadequate infrastructure, commercial networks and investment. Yet 88% of Mozambique's arable land is still uncultivated; focusing economic growth in this sector is a major challenge for the government. WIKIPEDIA |
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NORTHERNPATH PART OF LIT INTERNATIONAL
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NORTHERNPATH COPYRIGHT 2001-PRESENT
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