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Mozambique cuts fuel prices as FX shortage persists

© Unsplash
  • Petrol, diesel and paraffin see second price drop this year
  • Analysts say move aims to lower input costs and spur investment

Maputo, Mozambique – Mozambique’s energy regulator has announced a fresh round of fuel price cuts, as the government attempts to ease cost pressures on industry and consumers while grappling with a shortage of foreign exchange.

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