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
Hinduism in Mozambique and have a Hindu community center in Maputo. Small Hindu temples are present near residential areas of the community. The Mozambique Hindu community has reached out to form socio-cultural associations with Indian communities in Kerala, West Bengal, Goa and Maharashtra. Hinduism in Mozambique Mozambique has a historic Hindu community. Some of their ancestors came to Mozambique at least 500 years ago. Predating their economic participation in Mozambique before the arrival of Vasco da Gama, they adapted during the Portuguese colonial rule. An exodus began during the civil wars between 1975–1990. After 1990 political and social reforms in Mozambique, the Hindu