Annual government transfers to communities affected by the exploitation of mineral resources and hydrocarbons will increase by 32.4 million meticals in 2023. This information was disclosed in the General State Account, recently published by the Ministry of Economy and Finance, as reported by the Carta de Moçambique portal.
According to the official report, last year the government transferred 77.1 million meticals to these communities, a significant increase compared to the 44.7 million meticals transferred in 2022, representing a growth of 72.5 per cent. In 2021, transfers totalled 73.9 million meticals.
‘The village of Benga, located in the Moatize district of Tete province, was one of the most prominent beneficiaries, seeing its revenues increase from 4.9 million meticals in 2022 to 15.3 million meticals in 2023. In Cabo Delgado province, the Namanhumbir community also saw remarkable growth, going from 11.8 million meticals to 21.4 million meticals. On the other hand, the community of Pande, in Govuro district, Inhambane province, saw its transfers increase from 2.5 million meticals to 7.3 million meticals,’ reads the document.
The note also states that in terms of distribution by province, ‘Tete stood out with an increase in transfers from 8.1 million meticals in 2022 to 23.8 million meticals in 2023. In Cabo Delgado, transfers rose from 12.3 million meticals to 23.6 million meticals,’ pointing out that Maputo province, however, “continues to receive the lowest amounts, with only 500,000 meticals in 2023, compared to 300,000 meticals in 2022.”
This increase in transfers is in line with article 20 of Law No. 20/2014 (Mining Law) and article 48 of Law No. 21/2014 (Petroleum Law), which stipulate the annual return of 2.75 per cent of the Petroleum and Mining Production Tax to communities impacted by extractive industry projects. These figures were calculated on the basis of 2021 revenues, reinforcing the government’s commitment to promoting sustainable development and directly benefiting local communities.
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Increase of 32.4 Million Meticals in Transfers to Communities Impacted by the Extractive Industry
The Mozambican government’s annual transfers to communities affected by the exploitation of mineral resources and hydrocarbons increased by 32.4 million meticals (509,000 dollars) in 2023. This information was released in the General State Account, recently published by the Ministry of Economy and Finance, as reported by the newspaper Carta de Moçambique.
According to the official report, last year the government transferred 77.1 million meticals (1.21 million dollars) to these communities, a significant increase compared to the 44.7 million meticals (704 thousand dollars) transferred in 2022, representing a growth of 72.5 per cent. In 2021, transfers totalled 73.9 million meticals (1.16 million dollars).
The village of Benga, located in the Moatize district of Tete province, was one of the most prominent beneficiaries, seeing its revenues increase from 4.9 million meticals (77 thousand dollars) in 2022 to 15.3 million meticals (240 thousand dollars) in 2023.
In Cabo Delgado province, the Namanhumbir community also saw remarkable growth, going from 11.8 million meticals (186 thousand dollars) to 21.4 million meticals (338 thousand dollars). On the other hand, the community of Pande, in Govuro district, Inhambane province, saw its transfers increase from 2.5 million meticals (40 thousand dollars) to 7.3 million meticals (115 thousand dollars).
In terms of distributions by province, Tete stood out with an increase in transfers from 8.1 million meticals (128 thousand dollars) in 2022 to 23.8 million meticals (376 thousand dollars) in 2023. In Cabo Delgado, transfers rose from 12.3 million meticals (194 thousand dollars) to 23.6 million meticals (372 thousand dollars). Maputo province, however, continues to receive the lowest amounts, with only 500,000 meticals (7.9 thousand dollars) in 2023, compared to 300,000 meticals (4.7 thousand dollars) in 2022.
This increase in transfers is in line with article 20 of Law No. 20/2014 (Mining Law) and article 48 of Law No. 21/2014 (Petroleum Law), which stipulate the annual return of 2.75 per cent of the Petroleum and Mining Production Tax to communities impacted by extractive industry projects. These figures were calculated on the basis of 2021 revenues, reinforcing the government’s commitment to promoting sustainable development and directly benefiting local communities.