{"id":15255,"date":"2022-03-04T17:08:37","date_gmt":"2022-03-04T17:08:37","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=15255"},"modified":"2022-03-04T16:07:38","modified_gmt":"2022-03-04T16:07:38","slug":"mozambique-new-pm-wants-to-boost-output-ensure-financial-independence","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-pm-wants-to-boost-output-ensure-financial-independence","title":{"rendered":"New PM wants to boost output, ensure financial independence"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique\u2019s new prime minister, Adriano Maleiane, on Friday called for a boost to production to ensure the country\u2019s \u201cfinancial independence\u201d and said that containing spending was fundamental.<\/p>\n<p>\u201cWe cannot spend more than we have because if we do that, we will have problems,\u201d said Maleiane, speaking to the media moments after the swearing-in ceremony at the Presidency in Maputo.<\/p>\n<p>For the new Mozambican prime minister, increasing exports is among the most appropriate solutions to improve the country\u2019s economy, but this option requires increasing production.<\/p>\n<p>\u201cWhen we produce, we can collect more taxes. Today our revenues cover about 75% or 77% [of needs]. We have to move towards a situation where we at least manage to have revenues for what we are building,\u201d he said.<\/p>\n<p>Adriano Maleiane, who until the date of his appointment as prime minister was minister of economy and finance, reiterated that negotiations are \u201cquite advanced\u201d for a new programme with the International Monetary Fund, one of the partners that suspended direct aid to Mozambique in 2016 following the discovery of the scandal of the state\u2019s hidden debts.<\/p>\n<p>\u201cRight now, we are in the phase of quantifying the targets and discussing the structural measures that will be in the programme. The programme is important for the country,\u201d said the new Mozambican prime minister, stressing that a new programme is vital to improve Mozambique\u2019s image in the international financial market.<\/p>\n<p>In February, an IMF source told Lusa that Mozambique could have a new programme by the end of June if the recent meetings were successful.<\/p>\n<p>Adriano Maleiane replaces Carlos Agostinho do Ros\u00e1rio, who had been appointed to the post in 2015 when Mozambican head of state Filipe Nyusi formed his first term government after winning the 2014 general elections.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Mozambique\u2019s new prime minister, Adriano Maleiane, on Friday called for a boost to production to ensure the country\u2019s \u201cfinancial independence\u201d and said that containing spending was fundamental. \u201cWe cannot spend more than we have because if we do that, we will have problems,\u201d said Maleiane, speaking to the media moments after the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":15254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[233,281,283],"class_list":["post-15255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New PM wants to boost output, ensure financial independence - 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