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Mozambique election winner faces tough financial squeeze

Summary by VOA News
JOHANNESBURG — Whoever wins Mozambique's presidential election on Wednesday will face an economy battered by worsening cyclones, insecurity, delays to planned gas projects and high levels of debt. Ruling party candidate Daniel Chapo is the frontrunner, though there are three other candidates vying to replace Felipe Nyusi as president of the southeast African nation. Rising borrowing costs are putting pressure on Mozambique to embrace fiscal disc…
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Filipe NyusiFilipe Nyusi
EconomyEconomy
Maputo, MozambiqueMaputo, Mozambique

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