The head of Energy and Infrastructure at Standard Bank Group, Paul Taylor, believes that Mozambique's Liquefied Natural Gas (LNG) can play an important role in meeting the shortfall in the global market resulting from the Russia-Ukraine conflict, which has reduced the availability of this important energy resource by around 120 million tons....
The Director General of Taxes at the Mozambican Tax Authority (AT) revealed last Friday that the country will have a revenue shortfall of more than 115 billion meticais this year to cover public spending, estimated at 472 billion. According to Lurdes Banze, the solution is to increase the number...
Price limits on crude and refined oil exports from Russia could force the Kremlin to cut production by between 5% and 7%. The latest round of Western sanctions against Russia over its invasion of Ukraine is starting to hurt the country's economy, as admitted by Russian Finance Minister Anton...
The Euro Zone countries recorded a deficit of more than 26 billion euros in the balance of trade, while in the European Union it was 35 billion. These are data for May of this year, released by Eurostat. The first estimate of international trade shows that Eurozone exports resulted in 248.5 billion...
The current school year 2022 in the country will start in February with a deficit of three thousand teachers in primary education. According to the spokeswoman for the Ministry of Education and Human Development, quoted by Lusa, the government plan pointed to the need to hire a total of 12 thousand teachers for the new...
Government says that the State Budget for 2022 will have a deficit of 156.7 billion Meticais, which represents 13.9% of Gross Domestic Product (GDP). This gap will be covered by external grants amounting to 86.9 billion Meticais and by external credits valued at 11.7 billion Meticais. Another source of funding for the...