Economy of Mozambique the second international fibre (EASSy) in 2010. The lower cost of bandwidth has already started to trickle down to lower consumer prices in some service segments, while others have remained unchanged. The banking system collapsed after independence from Portugal in 1975. From an earlier position (in the 1980s) of central government control of the economy, Mozambique has initiated rapid reforms in recent years, accelerating the implementation of market-based economic policies, and committing to a policy of fiscal and monetary discipline. In 1995 the government introduced its medium-term economic growth, strategy which it continues to pursue. Since the late 1990s, both
Results of the 1975 United Kingdom European Communities membership referendum Results of the 1975 United Kingdom European Communities membership referendum The United Kingdom European Communities membership referendum was a public vote that took place on 5 June 1975, on whether the United Kingdom should remain a member of the European Communities which was principally the European Economic Community (the Common Market) as it was known at the time. At the time the UK had already been a member of the EC for two and a half years since joining back on 1 January 1973 and was the first ever national referendum of its kind to be held in the country.