Browsing: Mozambique PESOE 2022

Mozambique Africa
  • Mozambique government acknowledged that not all of the objectives outlined in the 2022 Economy and Social Plan and State Budget (PESOE-2022) had been accomplished
  • According to data from the National Statistics Institute (INE), Mozambique’s economy expanded by 4.12 percent in contrast to the 2.9 percent predicted at the start of the 2022 fiscal year
  • The Government  plans to use $250 million Mutual Guarantee Fund from the world bank to support small and medium-sized businesses in Mozambique once the fund gets approved.

The government of Mozambique has acknowledged that not all of the objectives outlined in the 2022 Economy and Social Plan and State Budget (PESOE-2022) have been accomplished but it remains positive that the gains will rollover to this year.

The government set 575 targets in 2022, but only achieved 433 of them, or 75% of the target, according to Executive Spokeswoman Ludovina Bernardo. The remaining 142 targets, or …