Mozambique: Government Committed to Sovereign Wealth Fund

Maputo — Mueda (Mozambique), 17 Sep (AIM) - Mozambican President Filipe Nyusi on Monday assured an election rally in his home district of Mueda, in the northern province of Cabo Delgado, that his government remains committed to setting up a sovereign wealth fund, despite the clams of critics that it is not interested in such a fund.

Nyusi, who is seeking a second five year term of office, said "we are combining static and dynamic processes. We are thinking about keeping some of the money while investing the rest to produce more money".

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