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Mozambique Alive - About Mozambique

Government:
The Republic of Mozambique, formerly known as Portuguese East Africa until the Independence declared on June 25, 1975. The Mozambique government is very similar to that of the United States: everyone may vote at age 18, and there are the same 3 branches of the government with the same basic jobs: Executive Branch, Legislative Branch, and Judicial Branch.

Political Parties & their Leaders:
Front for the Liberation of Mozambique (Frente de Liberatacao de Mocambique) or FRELIMO – President: Armando Emilio Guebuza
Mozambique National Resistance-Electoral Union (Resistencia National Mocambicana-Uniao Eleitoral) or RENAMO-UE – President: Afonso Khlakama

Economy:
Since Mozambique’s liberation in 1975 and the following civil war from 1977-1992, the economy has grown into a much more stable, though still dependent, nation.

GDP (purchasing power parity): $25.59 Billion
GDP (Official Exchange Rate): $5.924 Billion
GDP Real Growth Rate: 7%
GDP Per Capita: Purchasing Power Parity $1,300

Unemployment Rate: 21%

Population Below Poverty Line: 70%

Agricultural Products: Cotton, cashew nuts, sugarcane, tea, cassava (tapioca), corn, coconuts, sisal, citrus and tropical fruits, potatoes, sunflowers, beef, and poultry.

Industries: food, beverages, chemicals (fertilizer, soap, paints), aluminum, petroleum products, textiles, cement, glass, asbestos, tobacco.

Currency:
Metical (MZM)
Exchange Rate: $1 USD = 26,050 MZMs