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
Mozambique years because of the strong influence of the Catholic Church which did not recognise it officially as a world religion. The independence in 1975 saw the entrance of new pioneers. In total, there are about 3,000 declared Baha'is in Mozambique . The Administrative Committee is located in Maputo. Muslims are particularly present in the north of the country. They are organised in several "tariqa" or brotherhoods. Two national organisations also exist—the "Conselho Islâmico de Moçambique" and the "Congresso Islâmico de Moçambique". There are also important Pakistani, Indian associations as well as some Shia communities. Among the main Protestant churches are