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
1975 European Tour 1975 European Tour The 1975 European Tour was the fourth official season of golf tournaments known as the PGA European Tour and organised by the Professional Golfers' Association. The Order of Merit was won by South Africa's Dale Hayes. The table below shows the 1975 European Tour schedule which was made up of 19 tournaments, which included the major national opens around Europe. The other tournaments were mostly held in England and Scotland. There were several changes from the previous season, with the addition of the Carroll's Irish Open, replacing the Carroll's International, and the Kerrygold International Classic, and the