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Measures to Mitigate Cost of Living Crisis to be Announced in August – Nyusi

Measures to Mitigate Cost of Living Crisis to be Announced in August – Nyusi

It was the President of the Republic, Filipe Nyusi, who announced the good news in Zambézia province. “My government is developing measures to mitigate the socio-economic impact of the reality experienced and they will be disclosed during the first fortnight of next month,” he said.

In Filipe Nyusi’s opinion, “this crisis has, once again, demonstrated how important it is to produce more and better and solve our weaknesses in the food supply chain, including in the storage capacity of agricultural products”.

For the President of the Republic, “our agriculture and its entire value chain constitute a large part of the answer to current global and national challenges”.

Among the current problems affecting the country are the food crisis caused by the war between Russia and Ukraine, and the Covid-19 pandemic which plagued the country for more than two years.

“The current challenging reality in the world, caused essentially by the increase in fuel prices, has repercussions on the increase in the cost of living in most countries, including Mozambique. This situation was exacerbated by the Covid-19 pandemic and caused the disruption of global logistics, affecting production, markets, certification, distribution and the high cost of seeds, fertilisers and agrochemicals in general,” President Nyusi said.

For Filipe Nyusi, the geopolitical conflict in Ukraine and the sanctions against Russia have worsened the situation in Mozambique, which is cyclically affected by climate change, but also in recent times by terrorism that makes several displaced people in the northern region of the country, a fact that has worsened food insecurity.

In Zambézia, Nyusi on Wednesday guided three different opening ceremonies, two of medium voltage power lines, in the districts of Namacurra and Mocuba, and the third, of a complex of grain silos in the district of Milange, and investment valued at over one million US dollars.

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Specifically, the President of the Republic inaugurated the 33 kilovolt medium voltage power line in Macuse, in the district of Namacurra and in Namanjavira, in the district of Mocuba.

The head of state also yon Wednesday inaugurated the Milange silo and warehouse complex, a project funded by the Mozambican government and valued at US$1,250,000. It will be managed by Mozgrain under a public-private partnership agreement.

O País

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