Africa: Natural Gas Won't Solve Mozambique's Development Challenges

analysis

The discovery that Mozambique holds one of the largest reserves of natural gas in the world has generated great optimism about the country's future. But the recent sovereign debt crisis has cast serious doubt on the ability of the country to effectively manage the associated profits and better promote human development.

Without a concerted effort to ensure transparent management of gas revenues and channel that windfall into investment in basic human development, the country will continue to face barriers to inclusive growth.

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