The President of the CTA, Agostinho Vuma, encouraged the government to continue implementing measures aimed at consolidating the revaluation of exports, both in terms of the Decree on reference prices and/or transfer prices, but also in terms of integrating the informal economy.

Speaking at the tenth edition of the Business Environment Monitoring Council (CMAN), which took place yesterday, Agostinho Vuma said that the CTA's estimates show that this process can improve not only tax collection, but also the prospects for economic growth.

"If the revaluation of exports of bóer beans, minerals, heavy sands, natural gas and others is taken into account, the balance of payments could rise from the current deficit of 903.2 million dollars to a positive balance of around 696.8 million dollars. This would improve economic growth from 5.1% to 8.6% in 2023, resulting in the public debt ratio falling from 75% of GDP to 70%, thus improving the country's risk profile," he explained.

According to the President of the CTA, this framework would mean new sources of funds for the treasury, through the additional income from these exports, as well as opening up space for new loans to finance economic growth and development.

The CTA President also encouraged the government to consolidate these processes, including through the Single Electronic Window, which can play a transformative role in export control. (CTA)