Mozambique posts budget surplus of EUR 46 million in first quarter

The Mozambican state ended the first quarter with a budget surplus of around 3.2 billion meticais (EUR 46 million), the government announced at the end of the meeting of the council of ministers yesterday. The figures confirm a “normal” pattern in which current expenditures are covered by current revenues, Finance Minister Adriano Maleiane told Lusa. … Continue reading Mozambique posts budget surplus of EUR 46 million in first quarter