Mozambique: Tax payments to be made through banks – Prime Minister

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Mozambique: Tax payments to be made through banks – Prime Minister

1:29 CAT | 13 Apr 2018

Notícias

State revenue collection should improve from the second half of this year, with the implementation of a tax platform that will incorporate the payment of taxes through commercial banking channels.

This facet of the modernisation of the tax administration service will increase the efficiency of tax collection, Prime Minister Carlos Agostinho do Rosário said in his final remarks at the end of two days consideration of the 2016 General State Account.

The prime minister said that using banks to pay taxes would facilitate taxpayers’ compliance with their obligations and consequently improve the business environment.

Regarding the recommendations made by the Assembly of the Republic and by the Administrative Court on the 2016 General State Account, do Rosario reiterated that the government would continue to implement reforms to improve the management of public finances.

He promised that, as part of these efforts, the government would continue to apply the Customs Code to promote domestic industry, and implement the new specific tax and benefit regimes for oil and gas operations.

The prime minister also mentioned reforms in state resource management, highlighting the implementation of a module connecting the contracting and the execution of public expenditure, as well as the automatic inventorising of goods purchased.

Regarding budgetary decentralisation, do Rosário said that the e-SISTAFE human resources platform was being expanded so that provincial and district public expenditure policy was implemented locally in a effective manner.

Restructuring of the state business sector make public companies more competitive and less dependent on the General State Budget was under way, with a view to maintaining them in order to ensure the provision of services of public interest.

In this context, the prime minister said, the state favoured the establishment of strategic partnerships bringing technological, financial and marketing expertise to bear.

“In relation to Ematum, the company Tunamar was set up as a partnership between Ematum and the Frontier Service Group, and will ensure the total operationalisation of the boats this year, and, in the case of TDM and mcel, the completion of the merger process of the two companies by the end of this year,” do Rosario said, an approach reinforced by the law of the state business sector approved during this session of the assembly.

He also said that the government had been restructuring with a view to bringing debt management down to sustainable levels, reinforcing the legal framework with the approval of Decree 77/2017 of 28 December in the promotion of transparency.

Source: Notícias