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Mozambique

Yearbook 1999

Mozambique. In the summer, the International Monetary Fund, the IMF, and the World Bank found that Mozambique had met the criteria for obtaining foreign loans of $ 3.7 million. In recent years, extensive economic reforms have been implemented, which has led to an increase in foreign investment and led to economic growth of over ten per cent a year.

1999 Mozambique

According to Countryaah official website, presidential and general elections were held in early December when FRELIMO (Frente de Libertação de Mozambique) received 68%. This meant that FRELIMO got 133 seats in parliament, an increase of four seats. The opposition party, RENAMO (Resistencia Nacional Mozambicana), in coalition with eleven small parties, received 39% of the vote, which corresponded to 117 seats in parliament. President Joaquim Alberto Chissano was re-elected with just over 52% of the vote, while his RENAMO rival, Afonso Marcela Masacho Dlakama, had to settle for 48%.

After the Election Commission had published the results at the end of December after a several-week long and controversial vote count, RENAMO accused FRELIMO of electoral fraud and announced its intention to take the case before the Supreme Court. The turnout was close to 70%, and the elections were overseen by some seventy international observers with former US President Jimmy Carter in the lead.

 
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