Mozambique: World Bank Warns of Social & 'Economic Instability' Which Could Cven Threaten The Gas Projects

Mozambique: World Bank Warns of Social & 'Economic Instability' Which Could Cven Threaten The Gas Projects

The Mozambican economy is a house of cards which will collapse, and probably sooner rather than later, shows the World Bank, in an unusually harsh report published 19 March. "The cost of inaction is rising and could be severe." The Bank stresses that "economic instability could jeopardize more than $50 billion in foreign direct investment", particularly in the LNG.