The government promised this week to continue with fiscal consolidation, but without reducing expenses. According to the Minister of Economy and Finance, Adriano Maleiane, this fiscal consolidation has to be understood as growth in austerity, and not reduction in expenditure.

According to the governor, during his hearing in the Planning and Budget Committee (CPO) of the Assembly of the Republic (AR) on the proposal of the Economic and Social Plan (PES) and the State Budget (OE) for 2022, the policy of rigor in public accounts allowed the executive to reduce the ratio between expenditure and Gross Domestic Product (GDP) from 43.4%, in 2014, to the current average of 33%.

"It's the possible budget because we know it's not going to solve all the problems," argues Adriano Maleiane.

The minister of economy and finance also advanced, that revenues will reach 293 billion meticais and expenses will reach 450 billion meticais, that is, a deficit of 157 billion meticais, about 14% of the Gross Domestic Product (GDP).

"Of the total expenditure, 86.5% goes to education, health, Defense and Security Forces, agriculture and infrastructure, good governance and democracy, as well as remunerations," he concluded.