Africa-Press – Mozambique. The Mozambican state secured revenues of €2.302 billion by June, less than half of what was budgeted for the whole of 2025, but spending was even lower, with the economy contracting by 3.9%, the government announced on Tuesday.
The implementation of the Economic and Social Plan and State Budget (PESOE) for the first half of the year was analysed yesterday at a meeting of the Council of Ministers.
According to Cabinet spokesperson Inocêncio Impissa, of the 231 indicators, 134 (58%) “achieved the target”, 56 indicators (24%) partially achieved the target and 41 indicators (18%) “did not meet the half-yearly target”.
“Despite the contraction recorded in the first half of 2025” of 3.9% of Gross Domestic Product (GDP), due to “violent post-election demonstrations”, outbreaks of terrorism in Cabo Delgado, cyclones Dikeledi and Jude and “the effects of conflicts in Eastern Europe and the Middle East”, Mozambique actually managed “to record an improvement in macroeconomic and political stability,”Impissa said.
The country “has created lines of financing for the productive sector and guided government actions for the welfare of the population and the recovery of the economy,” he added.
State revenue in the first half of 2025 amounted to 171,801 million meticais (the equivalent of €2.302 billion), “corresponding to 44.5% of the annual forecast, compared to 44% recorded in the same period of 2024,”Inocêncio Impissa also said.
Expenditure from January to June amounted to 213,432 million meticais (€2.860 billion), representing 41.6% of the annual target, compared to 226,520 million meticais (€3.035 billion) for the same period last year (39.9%), “a real decrease of 8.6%, he added”.
“The first half of the year was marked by the effective implementation of the first 100 days of government, where the integrated and pillar-based approach strengthened the coordination between public policies and the territorialisation of actions,” concluded the Cabinet spokesman.
Since the elections of 9 October 2024, Mozambique has experienced a climate of social unrest, with demonstrations and strikes called by former presidential candidate Venâncio Mondlane, who rejects the election results that gave victory to Daniel Chapo, supported by the ruling Frelimo party, who was sworn in as the country’s fifth president.
Around 400 people died as a result of clashes with the police, which ended after meetings between Mondlane and Chapo on 23 March and 20 May aimed at restoring peace.
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