2.2 - Mozambique Flashcards
How much gas does Mozambique have?
127bn m^3
World’s 4th largest gas reserve
How much has been exploited?
3.3bn m^3, most sent to S Africa
What are the public concerned about?
Government exploitation of resources
Liquid gas and oil was #1 topic at music festival
Why is the public being worried about?
Public fighting the government’s corruption if it doesn’t end
Example of corrupt governance?
Local government officials allowing illegal land-grabbing
What tax has been introduce
Tax rules on resource sales
Got $1bh in 2013
Example of good economic development
7% GDP growth rate
Young population becoming more educated
Example of bad economic development
Civil war left 55% below poverty line and very illiterate
Also don’t know about their land rights