Mozambique: Cabo Delgado province exceeds tax revenue target in H1

Login

Register

http://www.clubofmozambique.com/

Mozambique: Cabo Delgado province exceeds tax revenue target in H1

5:06 CAT | 06 Aug 2021

File photo: AFP

Cabo Delgado province in northern Mozambique has surpassed by 100 million meticais (€1.3 million) its fiscal revenue target for the first half of 2021, despite the war in part of the territory, the Tax Authority (AT) has announced.

The AT delegate in Cabo Delgado province, Helmano Nhatitima, told the STV channel on Thursday that the collection of revenues from January to June this year reached 2.3 billion meticais (€30.6 million).

The tax authorities had projected a maximum revenue of 2.2 billion meticais (€29.2 million) for that period, Nhatitima added.

The extraction of rubies and other precious stones earned the largest share of revenue.

Helmano Nhatitima added that revenue recorded in the first half did not include the areas affected by armed violence in the northern part of the province, as fiscal activity there was completely paralysed.

Armed groups have terrorised parts of Cabo Delgado province since 2017, with some attacks claimed by the Islamic State extremist group. More than 3,100 persons have died, according to the ACLED conflict registration project, and more than 817,000 been displaced, according to Mozambican authorities.

The fight against the insurgents has recently gained new impetus with the deployment of foreign troops supporting the Mozambican Defence and Security Forces (FDS) in the Cabo Delgado theatre of operations.

Source: Lusa