Mozambique launches $490 million plan to eliminate cholera by 2030
No tax hike in amending budget – Maleiane
1:01 CAT | 19 Jul 2016
File photo / Adriano Maleiane, minister of Economy and Finance of Mozambique
Minister of Economy and Finance Adriano Maleiane said yesterday that the revision of the 2016 state budget being put in place to accommodate the austerity policy brought on by the rise in the national debt would not include tax increases.
Maleiane also assured a hearing of the committees on Constitutional Affairs, Human Rights and Legality and Public Administration and Local Government, that salaries would not be reduced to finance the supplementary budget, but that the government would instead expand the tax base.
The proposed revision of the state budget for 2016 presents cuts in investment spending and on goods and services of 24 billion meticais, reducing total state expenditure from 246 to 242 billion meticais.
Source: Folha de Maputo
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