Mozambique Introduction - 2003
SOURCE: 2003 CIA WORLD FACTBOOK
Background: Almost five centuries as a Portuguese colony came to a close with independence in 1975. Large-scale emigration by whites, economic dependence on South Africa, a severe drought, and a prolonged civil war hindered the country's development. The ruling party formally abandoned Marxism in 1989, and a new constitution the following year provided for multiparty elections and a free market economy. A UN-negotiated peace agreement with rebel forces ended the fighting in 1992. Heavy flooding in both 1999 and 2000 severely hurt the economy. Political stability and sound economic policies have encouraged recent foreign investment.
NOTE: The information regarding Mozambique on this page is re-published from the 2003 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Guinea Geography 2003 information contained here. All suggestions for corrections of any errors about Mozambique Introduction 2003 should be addressed to the CIA.