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MEF Ensures Control of Domestic Debt and Sustainability of Public Finances

MEF Ensures Control of Domestic Debt and Sustainability of Public Finances

The Deputy Minister of Economy and Finance, Carla Louveira, assured this Monday, 6 November, in Maputo, that measures are being taken to control domestic indebtedness and ensure the sustainability of public finances, and that the strategy involves reducing the proportion of short-term debt by more than 50%.

According to Rádio Moçambique, Carla Louveira was speaking during the hearing between the Ministry of Economy and Finance and the Planning and Budget Committee of the Assembly of the Republic (AR).

On the same occasion, the chairman of the Assembly of the Republic’s Planning and Budget Committee, António Niquice, considered that there had been improvements in the management of ‘public affairs’, but recommended that there should be limitations on debt contraction.

The meeting between the leaders of the Ministry of Economy and Finance and the members of the Parliament’s Planning and Budget Committee is part of the discussions on the 2024 budget bill.

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