The Economic Reforms Coordination Office of the Economic Acceleration Package (GCRE-PAE) is debating criteria for allocating and managing the percentage of revenue earmarked for the development of provinces, districts and local communities where mining and oil exploration projects are being implemented.
The initiative, included in measure number 8 of the Economic Acceleration Package (PAE), aims to harmonise and draw up a guide of procedures for the implementation of decree 40/2023 of 7 July, approved by the Council of Ministers to support communities in the management, execution, monitoring and evaluation of the projects implemented.
According to a note published on the website of the Ministry of Economy and Finance (MEF), the seminar will be attended by representatives of the National Planning and Budget Directorate, the Monitoring and Evaluation Directorate, the Ministry of Mineral Resources and Energy and the Ministry of Land and Environment.
“The decree and the ‘draft’ of the aforementioned guide were publicised in six provinces, namely Cabo Delgado, Nampula, Zambézia, Tete, Sofala and Inhambane, and recommendations were made on the need to enrich the document, with emphasis on its coverage of structuring projects,” reads the note.
To this end, according to the GCRE-PAE, the drafting of the guideline began in August and, at this seminar which began yesterday, the idea is to “conclude the work as well as harmonise the proposal with the central level sectors and civil society”.
The document defines that 7.25 per cent of the total revenue collected from the tax on mining and oil production will go to the province and districts and 2.75 per cent will go to local communities and the development of structuring projects.
“Structuring projects are those that boost the productive sector, with a view to the collective development of a given region. Those eligible for funding are those related to technical and vocational education, health and agriculture – including production support infrastructures, dams and irrigation – industry, commerce, fisheries and infrastructures of social and economic interest, namely land-use planning, roads, bridges and electrification, water and sanitation, among others,” he explains.
