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Mozambique should ignore calls for austerity

The public wage bill may be big, but that doesn't make it wrong

Today’s front pages in Maputo. Photo © Faizal Chauque / Zitamar News

Good afternoon. The IMF delivered one of its customary warnings about public spending yesterday, pointing to the alarming statistic that 73% of Mozambique's fiscal revenues is spent on public sector salaries — which are received by just 3% of the country’s population.

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