Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: Mozambique will continue to be one of the least attractive pharmaceutical and healthcare
markets in the Middle East and Africa region (MEA). The escalation of political violence has directly
impacted health centres in some of the country's provinces leading to the further deterioration of healthcare
access in affected areas. Furthermore, falling revenues will limit government spending in 2016 and 2017 as
a result of withheld funding from donors in the wake of the public debt scandal.
Headline Expenditure Forecasts
? Pharmaceuticals: MZN8.28bn (USD210mn) in 2015 to MZN8.86bn (USD160mn) in 2016; +7.0% in
local currency and -23.2 % in US dollar terms. Forecast revised downwards from last quarter.
? Healthcare: MZN38.13bn (USD970mn) in 2015 to MZN40.61bn (USD740mn) in 2016; +6.5% in local
currency and -23.6% in US dollar terms. Forecast revised downwards from last quarter.