petrol, water and energy. The fall in the prices of some imported international goods also
contributed to the results seen in inflation in the current year.
Exports continued to grow rapidly; for example, in the first nine months of 2012, they increased
by 9.5% in comparison with the same period of 2011, reaching a level of 2.602 million, of which
313 million are from the export of coal, with this taking second place in Mozambican exports,
after aluminium.
On the other hand, there are records of more work opportunities. For example, statistics show
that just in 2011, 315.707 citizens were integrated into the labour market, of which 20.837 were
women. Of the total, 262.832 were integrated into the national labour market, while 52.875
were recruited for the mines and farms in South Africa (BdPES, 2011).
Table 2 also shows a continued growth in GDP per capita from 340 USD to 470 USD between
2007 and 2011, which is a 38% increase, whose impact on poverty cannot be evaluated due to
lack of information. According to the 3rd National Assessment of Poverty, from 2010 (III AP),
which analysed the situation of poverty in Mozambique in 2008 and 2009, the poverty rate had
fallen from 69,4% in 1997 to 54,7% in 2003. This assessment presented strong indications of
progress on a range of non-monetary poverty indicators at a national level, that showed
significant improvements in access to education and improved health services, particularly in
rural areas; increases in the possession of durable goods by families, and improvements in
housing. However, according to the same sources, poverty in monetary terms did not show
significant improvements when compared with a similar assessment carried out 5 years earlier,
i.e. between 2002 and 2003 (GdM, 2011).
In 2010, the Government of Mozambique introduced the Strategic Programme for the
Reduction of Urban Poverty (PERPU), extending the Local Initiative Investment Budget (OIIL)
to provincial capital cities.
The Ministry of State Administration (MAE) also launched, in 2011, a Rural Financing Strategy
which aims to promote financial intermediaries in rural areas and ensure access to financial
services with a view to expanding rural markets and integrating the rural economy into the
national economy.
There is an intensification of the level of banking in the national economy. The most recent
data from the Bank of Mozambique shows that from 2010 to November 2012, 78 new branches
of banks and around 70 new microcredit institutions commenced operations. The same data
also shows that these numbers contribute to a total number of 509 bank branches and
microfinance institutions, in more than 62 rural districts, out of 128 in the country.
103. However, although there are plausible efforts on various fronts, as can be seen from the
above-mentioned achievements, some of the challenges identified by the first evaluation
remain, joined by other emerging challenges, mainly driven by the lack of an integrated
approach, based on cost-benefit analysis, and weak implementation of mechanisms to monitor
public actions and responses. Of these, the current report highlights the following:
The country continues to register growth and an industrialization process fed by large projects,
many of which from natural resources.
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