The Oxford Committee for Famine Relief (Oxfam) has published a report in which it points out countries that are over-indebted to the International Monetary Fund (IMF) and the World Bank (WB). http://896.424.mywebsitetransfer.com/emprestimos-do-fmi-e-bm-a-mocambique-aumentam-indice-de-desequilibrio-de-renda/ The document states that this condition accentuates the socio-economic differences between countries in this condition, and suggests writing off half of the debts in order to reduce...
Prime Minister Adriano Maleiane said today in Parliament that the government has already paid 323.4 million meticais out of the 457.6 million intended. The amount paid corresponds to 70%. In the meantime, the Prime Minister said that there are cases of overtime that are being checked at the Ministry of Economy and Finance, which don't show clear evidence of...
Company Companies INSS Companies registered with the National Social Security Institute (INSS) in Tete have an accumulated debt of around 77 million meticais, an amount that the institution is working hard to recover from taxpayers who must correct the irregularity. The provincial delegate of the INSS, Daniel Simbanai, explained that the...
The Municipality of Maputo has owed around 6,360,000 meticais in rent that has not been paid for more than six months to 106 families who were victims of the Hulene dumpslide in 2018. Each family receives 10,000 meticais a month to pay rent, but since October 2023 the amount has not been...
The new president of the board of the Mozambican League (LMF) will inherit a debt of 50 million, according to sports commentator Manuel Moreira. "The outgoing board leaves the league with 50 million in debt. I don't see how the new helmsman will be able to pick up 50 million," he said, anticipating that the amount of debt could increase with the...
In an update... French-Lebanese shipyard magnate Iskandar Safa died at the age of 69 on Monday (29) in Mougins, France, from an illness, according to his partner in the magazine Valeurs Actuelles, Tugdual Denis. In an announcement on the social network 'X', formerly Twitter, Denis wrote: "Tonight, it is with deep sadness that we inform you of the...
By the end of last year, companies owed more than four billion meticais to the National Social Security Institute (INSS) throughout the country, according to the Minister of Labor and Social Security, Margarida Talapa. Margarida Talapa, who was speaking this Friday in Pemba, said that the debt corresponds to 77,035 taxpayers...
The Minister for the Economy and Finance, Max Tonela, recently guaranteed that the company Petróleos de Moçambique (Petromoc) has already settled its debt with two creditors in the national banking system and that the company is no longer insolvent. However, it should be remembered that Petromoc is one of the state-owned companies with the greatest fiscal risk for the...
The debt of Linhas Áreas de Moçambique (LAM) has fallen from around 400 million dollars to 290 million dollars, the Project Director of Fly Modern Ark (FMA) said today in Maputo. "LMA's debt has been reduced. When we came in, the debt was 402 million dollars and now I think we're...
An Indian businessman was kidnapped on Saturday in the Alto-Maé neighborhood of Maputo as a way of pressuring him to pay a debt of around four million meticais. Quoted by the O PAIS portal, the National Criminal Investigation Service (SERNIC), a group of criminals, now in the custody of the authorities, went to collect the...