Mozambique sees improvement in business environment

Moçambique regista melhorias no ambiente de negócios

The Prime Minister, Carlos Agostinho do Rosário, considers that, despite the challenges imposed by covid-19 and the terrorist actions in Cabo Delgado province, the country has registered progress in the implementation of the Action Plan for the Improvement of the Business Environment.

The governor, who was speaking last Friday in Maputo, at the VIII Business Environment Monitoring Council, pointed out, in this context, measures that are allowing a greater flexibility of foreign trade operations, highlighting the elimination of the Pre-Shipment Inspection (IPE) and the introduction of the "Simplified Dispatch" for exports.

Another measure adopted by the "Executive" to facilitate investments in the country was the operationalization of e-tributação, a platform that allows taxpayers to submit their tax returns electronically and pay their taxes via bank.

"We believe that these and other ongoing reforms are contributing to reduced transaction costs, improved competitiveness, as well as attracting more domestic and foreign investment," he said.

In an event in which members of the Government and other relevant cadres in the Public-Private Dialogue (PPD) process participated, as well as representatives from the private sector, among others, Carlos Agostinho do Rosário also referred to the operationalization of the Central Registry of Securities Guarantees.

From the Prime Minister's point of view, the Central has contributed to widening the range of assets that can be used as collateral with financial institutions, thus allowing more people to have access to financing, among other reforms.

"The Government will continue to improve the current legal framework and implement reforms that ensure the improvement of the business environment in Mozambique, because only in this way will it be possible to make the national private sector increasingly solid, competitive, and to contribute to economic growth for the generation of more jobs and income for families," he emphasized.

For his part, the president of the Confederation of Business Associations of Mozambique, Agostinho Vuma, said in his speech that during the first half of this year the private sector went through a difficult period, especially because of the covid-19 pandemic, despite the efforts made by companies to survive in an adverse context.

"Despite these challenges, we cannot but praise the government's effort for the approval of some normative instruments with positive impact on the business sector," Vuma stressed.

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