Africa-Press – Mozambique. The government has decided not to require prior licensing and inspection for more than 80 activities, with the aim of facilitating economic activities and the formalization of micro, small and medium enterprises (MSMEs) in Mozambique, the prime minister of Mozambique told parliament on Wednesday.
Prime Minister Benvinda Lev stressed that the decision has as its main objective the creation of more jobs and increasing state revenue collection.
“In addition to these financial measures, we have been implementing a simplified tax payment system, as well as reducing bureaucratic processes and formalisation costs, to facilitate access to markets and encourage the creation of new companies,” Prime Minister Levi said in Maputo yesterday during the Questions to Government session in the Assembly of the Republic.
By facilitating access to financial resources for the private sector, especially for MSMEs, the executive, according to Levi, wants to underpin the continuity of jobs and the process of recovery of the national business fabric, which was severely affected by the vandalism that occurred during the violent and illegal demonstrations following the seventh presidential and legislative elections (fourth for the provincial assemblies) of October 9, 2024.
In her address to parliament, the prime minister highlighted the materialisation of the Fund for Economic Recovery (FRE) estimated at more than US$4.6 million.
In partnership with the Mozambican Banking Association, the government, according to Benvinda Levi, will make 10 billion meticais available at subsidised interest rates.
“The projection of the gradual recovery of our economy is based on the results that come from the various fiscal, non-fiscal and monetary actions and policies that we have been taking,” she stated.
Benvinda Levi said that the projections for the first quarter of 2025 indicate that the economy will register a gradual recovery, compared to the performance seen in the fourth quarter of 2024, which was a contraction of 4.9% of gross domestic product as a result of violent and illegal post-election demonstrations.
Called by the defeated former presidential candidate, Venâncio Mondlane, the demonstrations claimed his alleged victory in the presidential elections.
The Questions to the Government session continued this Thursday (29).
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