This Thursday morning, June 16, the Governor of the Banco de Moçambique (GBM), Rogério Zandamela, and the Chairman of the Mueda City Council, Manuel Alavalave, laid the first brick signaling the kick-off on the construction of a Metical Square in Mueda village.

In his speech, the GBM said that “the Metical Square stands for our identity, history, and one of the symbols of national sovereignty, therefore, its construction poses as a form of promoting the appreciation and preservation of national currency”.

Moreover, the GBM stressed that the “June 16, in which we also celebrate the Metical Day, was chosen to kick off the Metical Square construction to honor the victims of the massacre that took place here, on June 16, 1960”.

Rogério Zandamela went on to call for all to work selflessly in order to keep strengthening the Metical, thus contributing to macroeconomic stability and inclusive development in the country.

Wrapping up, the GBM urged all Mueda residents to ensure that the construction of the square is completed smoothly as planned.

For his part, Mueda Mayor, Manuel Alavalave, visibly moved by the initiative, said that his village will fully comply with the commitment made with the central bank. Furthermore, he added that the city council and the citizens are longingly expecting the square, which they
hope will boast quality and, in addition to contributing to the appreciation and preservation of the Metical, provide a recreational and leisure space to all resident of the Mueda village.

Board members, Felisberto Navalha and Silvina de Abreu, Advisors, Graça Chongo and Esperança Majimeja, Directors, Managers and Staff Members at the Banco de Moçambique, as well as Mueda City Council Officers, attended the event.