Good afternoon. How rich is Mozambique? That’s a question that transport minister Mateus Magala has argued should be re-thought. In comments to the press at the annual meetings of the African Development Bank in Nairobi last month, Magala said that the most popular measure of the economy, gross domestic product (GDP), did not capture Mozambique's wealth of natural resources, and therefore drastically undervalues Mozambique's economy. A new way of measuring should be conceived, he said, which included those resources — and which also tracks the depletion of those resources.
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