The government says it is working with commercial banks to overcome the problem of issuing guarantees to liquid fuel distribution companies.
The information was given to journalists yesterday by the Minister of Mineral Resources and Energy, Estêvão Pale, during a ministerial retreat in the district of Matutuíne, Maputo province.
Quoted by "Notícias", Pale explained that the government is also in talks with the Central Bank, which in turn guarantees that there is enough foreign currency to import fuel.
It should be noted that in recent weeks the market has suffered some constraints in the sale of fuel, especially in the provinces of Manica, Tete, Sofala and Cabo Delgado.
At the time, the minister said that the government is in talks with the Central Bank, which in turn guarantees that there is enough foreign currency to import fuel.
It should be noted that in March 2023, Banco de Moçambique began gradually withdrawing its contribution to the payment of fuel import bills, initially reducing it from one hundred percent to sixty percent.
In June of the same year, the Central Bank definitively withdrew it, so that commercial banks and petrol stations had to pay all the bills for fuel imports.
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