Flag of Mozambique and the star symbolises Marxism and internationalism. The flag is based on the flag of the Mozambican Liberation Front (FRELIMO), the leading political party in Mozambique. The FRELIMO flag, used for a brief period after the country gained its independence from Portugal, looks like the current flag but lacking the emblem, with green, black, and yellow horizontal stripes separated by white fimbriations and a red triangle in the hoist. On independence the colours were rearranged to form the national flag, in diagonals emanating from the upper hoist. Over this was a white cogwheel containing the hoe, rifle, book, and star
Bank of Mozambique Bank of Mozambique The Bank of Mozambique () is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor. The bank is situated in the capital, Maputo, and has two branches, one in Beira and one in Nampula. The Bank of Mozambique is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. Most of Mozambique was a Portuguese overseas territory for several centuries. After independence in 1975, the newly