27. Mozambique &apos; s growth experience and economic success during the recovery period could thus be attributed to the following interrelated factors: a favourable macroeconomic policy environment and debt relief which reduced the Government spending; increased spending to ensure basic health care, education and other priority services which enabled the country to develop better quality institutions and human capital; and diversification of the economic base, following decisive steps taken on structural reforms, including privatization, financial sector reform and trade liberalization.
27. Mozambique &apos; s growth experience and economic success during the recovery period could thus be attributed to the following interrelated factors: a favourable macroeconomic policy environment and debt relief which reduced the Government spending; increased spending to ensure basic health care, education and other priority services which enabled the country to develop better quality institutions and human capital; and diversification of the economic base, following decisive steps taken on structural reforms, including privatization, financial sector reform and trade liberalization.