MOZAMBIQUE MAP
PHOTO: ANGOP
in a statement on the economic situation of Mozambique, at the conclusion of the 5th Central Committee of the Mozambique Liberation front (Frelimo) the main organ of the party between congresses “directs the government to inform the public about the debt Ematum and Proindicus.”
the statement of the Central Committee, read the four-day session closing held at School Central Frelimo in Matola, near Maputo, comes in the same week that the parliamentary group of the ruling party refused an invitation Renamo (Mozambique National Resistance), the largest opposition force, so that the Government was to Parliament provide clarification “urgently”.
After the Mozambican government was able to restructure the loan of 850 million dollars, contracted to the state tuna company, the Wall Street Journal reported in March the existence of a second charge 622 million, hitherto unknown. – in favor of Proindicus company for the acquisition of military equipment within the same process
Although the Government through the Minister of Economy and Finance, has ensured that no there are no hidden debt and public finances are stable, the International World Monetary Fund did know, on Friday, who was unaware of this second loan, which will lead to re-evaluation of the macroeconomic situation of Mozambique, while canceling a mission Maputo scheduled for next week.
in the Central Committee statement, read by Bias, former Minister of Mineral Resources and member of the Committee Frelimo policy and in the presence of Filipe Nyusi, party president and of Mozambique, the agency also wants the government to initiate a restructuring and financial reorganization of the public and companies in which the State and restricts the creation of new state institutions.
the Central Committee also wants to “strengthen internal control institutions for close combat corruption and wastefulness “, which includes, for example, the consumption of fuel and electricity in public administration.
the party organ in power recognized the difficult circumstances facing the economy Mozambique, listing structural problems in the trade balance, consumption level of domestic production capacity and falling prices of major export products.
the reduction of sources of funding, delays in disbursements by international partners, decreased foreign aid, reducing availability of foreign exchange and drought and floods, affecting simultaneously the country, were other causes given by the Central Committee to the difficulties of the Mozambican economy.
Insisting on the rationalization of public expenditure the Central Committee proposes harmonization of Government planning tools – based on agriculture, tourism, infrastructure and energy, and the search for sources of funding for the five-year plan of the executive, “but if respecting the sustainability of public debt” .
in addition to the adverse situation of the economy and the slippage of public debt threat, Mozambique still experiencing a period of political and military instability, reflected by the main opposition party demands, the Mozambican National Resistance (Renamo) to rule in the provinces where claims victory in the last elections, which considered fraudulent.
Among the messages that the Central Committee today left at the end of the session, the Government is instructed to “continue the efforts to achieve the effective peace, which is the fundamental condition for the development of the country. “
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