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
Religion in Mozambique sacred texts; however, some Christian and Muslim adherents continue to incorporate traditional practices and rituals, and religious authorities have generally been permissive of such practices. Foreign missionary groups operate freely in the country. Some groups offer religious teaching centers to their local communities, while others provide scholarships for students to study in their respective countries. The Constitution provides for freedom of religion, and the Government generally respects this right in practice. The ruling party of Mozambique since independence, known as Frelimo, became predominantly Marxist during the liberation war. After independence, it declared state atheism and it nationalized all schools and