Debt to the Mozambican treasury amounts to EUR 4.7 billion

The Mozambican Tax Authority (AT) is so far this year owed just over 342 billion meticais (EUR 4.7 billion / US$5.6 billion, at current exchange rates) in unpaid tax. This is due to corruption in the institution, tax evasion and taxpayers’ financial incapacity. The president of the AT, AmĂ©lia Nakhare, quoted yesterday by the newspaper … Continue reading Debt to the Mozambican treasury amounts to EUR 4.7 billion