Prime Minister Adriano Maleiane today told members of the Association of Economics Students in Maputo that 78% of the national economy is financed by foreign direct investment (FDI).In the Prime-Minister’s view, cited by ‘Domingo’, this is “not sustainable, because when this type of investment [FDI] falls, the country finds it difficult to finance itself”.Maleiane suggested that young people should invest in creating their own companies to overcome this problem..“We need national entrepreneurs, and they have to come from you young people,” Maleiane said. “This is the only way we can reverse this scenario”.“We are few for the country, but… “Maleiane also mentioned that the government has been making efforts to reduce cases in which there is only one provider in a family, as a situation in which it is not possible to make savings.“We are working to overcome this problem. It is necessary to emphasise that we are too few for the country, but it is also necessary to guarantee that we are having only as many children as we can support,” the Prime Minister explained.23% of the GDP comes from agricultureAccording to Maleiane, 23% of Mozambique’s gross domestic product (GDP) comes from agriculture, a proportion that does not escape the priorities set out in the Constitution of the Republic.Meanwhile, Maleiane told the young students that in the agriculture value chain, technicians from other areas such as IT, finance, transport managers, among others, are needed.“Therefore, it is our bet to use agriculture to promote other areas. By the way, farming is not just for old people. There are many young people who are making money in this area,” he said.Economic growth could reach 10% in 2030“By 2030 the country could register annual economic growth above 10 percent as a result of the diversification of the economy, but it will be the development of the extractive industry that will lead to this reality,” the Prime Minister said.Maleiane said that Mozambique had been experiencing steady growth up until 2019, but in 2020, with the outbreak of Covid-19, it saw, for the first time in many years, a decline that reached 1.3%. (ICE MAPUTO)

Fonte notizia: DOMINGO