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Mozambique: Parliament approves VAT exemption on sugar, edible oils and soap until December, all in favour
2:48 CAT | 14 May 2025
in file CoM
The deputies of all the benches of the Assembly of the Republic (Frelimo, Podemos Renamo and MDM) this morning approved, by consensus, the extension of the exemption from Value Added Tax (VAT) on commercial transfers of sugar, edible oils and soaps, until December 31 of this year.
The extension of the exemption includes raw materials and equipment used in the production of oil, soaps and sugar.
On the occasion, Minister of Finance Carla Louveira argued that the approval of the instrument aims to stimulate the growth of the national economy, reduce costs and production factors, as well as increase citizens’ purchasing power.
The approval of the instrument means that the state will forego more than two billion meticais in revenue this year.
Parliament was this morning scheduled to hold the election of members to the National Human Rights Commission (CNDH).
Source: Notícias
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