{"id":27933,"date":"2022-10-17T16:03:00","date_gmt":"2022-10-17T16:03:00","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts"},"modified":"2022-10-17T16:08:46","modified_gmt":"2022-10-17T16:08:46","slug":"terrorism-has-put-extraordinary-pressure-on-accounts","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts","title":{"rendered":"Terrorism has put \u201cextraordinary pressure\u201d on accounts"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambican Economy Minister Max Tonela has told Lusa that terrorism in Cabo Delgado has put extraordinary pressure on the state\u2019s accounts, but argued that the \u201cissues of national defence are issues of sovereignty\u201d, and will therefore always be a priority.<\/p>\n

Speaking to Lusa in Washington on the sidelines of the annual meetings of the International Monetary Fund (IMF), Tonela said that the attacks in Cabo Delgado province in northern Mozambique were in the spotlight in the meetings he held in the US capital, with the aim of mobilising resources.<\/p>\n

\u201cWe took this opportunity to interact with the cooperation partners, mainly multilateral, but also bilateral \u2013 the World Bank and the Fund (IMF) among them. And in the discussions about the development issues of Mozambique, we also touched on the challenges that the Government has to deal with in regard to humanitarian assistance, to deal with resources\u2019 mobilisation to assist the communities which were displaced, but also for the whole programme of reconstruction and accelerated development of Cabo Delgado,\u201d he said.<\/p>\n

According to the minister, the conflict in Cabo Delgado, \u201chas been putting extraordinary pressure on the country\u2019s accounts\u201d, so he was seeking to \u201cwork with partners to mobilise resources to train the National Defence Forces to be able to better deal with this situation, but also equipment issues\u201d.<\/p>\n

Regarding the type of international support received so far, Tonela said it had been \u201cmultiform\u201d ranging from training and capacity-building in the Defence and Security forces by bilateral partners such as the United States, the European Union, African countries and the United Kingdom, as well as funding from the European Union for the acquisition of equipment \u201cwhich has already been received in part by the country\u201d.<\/p>\n

Cabo Delgado province is rich in natural gas but has been terrorised since 2017 by armed violence, with some attacks claimed by the extremist group Islamic State.<\/p>\n

The insurgency has led to a military response since a year ago with support from Rwanda and the Southern African Development Community (SADC), liberating districts near gas projects. However, new waves of violence have emerged in the south of the region and in neighbouring Nampula province.<\/p>\n

Asked about the impact that the war is having on Mozambique\u2019s deficit, the head of the Economy and Finance ministry stressed that \u201cissues of national defence are issues of sovereignty and will have to be prioritised\u201d.<\/p>\n

\u201cOur perspective is to create conditions to eliminate this evil, but also, at the same time, promote development and create better harmony, and the whole package of reforms that we have been implementing responds to this framework of challenges,\u201d Tonela said.<\/p>\n

The minister pointed out that the financial support received from international institutions, such as the IMF and the World Bank, is not aimed at defence, but rather for development purposes, especially in social sectors, such as education, health, increase of social protection for families and development of infrastructure, among others.<\/p>\n

\u201cBut we are also implementing an Economic Stability programme with the objective of expanding the State\u2019s fiscal space, and there we have reforms planned in the VAT code and the customs tariff, among others. We are also working to ensure greater efficiency in expenditure, to reverse the trend of public debt \u2013 both internal and external \u2013 and also with the creation of this fiscal space we can, with our own resources and with the mobilised resources, meet the challenges of capacity building,\u201d he said.<\/p>\n

As for the intense week he spent in Washington, Max Tonela said the meetings with the IMF and World Bank had been \u201cvery fruitful,\u201d as were the parallel discussions he held \u201cwith other investors interested in Mozambique\u201d.<\/p>\n

\u201cIt was very positive because it made it possible to have very frank, diversified discussions with various partners, with a view to finding solutions to the country\u2019s challenges in terms, above all, of funding, both for private and public projects, but also to follow up on mobilising resources for the implementation of the reform programme, with a view to creating greater sustainability and acceleration in the development of our economy,\u201d he noted.<\/p>\n

In that sense, it was possible to \u201copen doors for us to obtain additional resources and there are technical discussions which will begin as a result of the understandings we reached\u201d, Tonela announced.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Mozambican Economy Minister Max Tonela has told Lusa that terrorism in Cabo Delgado has put extraordinary pressure on the state\u2019s accounts, but argued that the \u201cissues of national defence are issues of sovereignty\u201d, and will therefore always be a priority. Speaking to Lusa in Washington on the sidelines of the annual meetings […]<\/p>\n","protected":false},"author":84,"featured_media":27932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,281,283],"class_list":["post-27933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nTerrorism has put \u201cextraordinary pressure\u201d on accounts - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambican Economy Minister Max Tonela has told Lusa that terrorism in Cabo Delgado has put extraordinary pressure on th ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terrorism has put \u201cextraordinary pressure\u201d on accounts\" \/>\n<meta property=\"og:description\" content=\"Mozambican Economy Minister Max Tonela has told Lusa that terrorism in Cabo Delgado has put extraordinary pressure on th ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-17T16:03:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-17T16:08:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_6-634d7dfc2731c.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"506\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Terrorism has put \u201cextraordinary pressure\u201d on accounts\",\"datePublished\":\"2022-10-17T16:03:00+00:00\",\"dateModified\":\"2022-10-17T16:08:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts\"},\"wordCount\":731,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_6-634d7dfc2731c.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/terrorism-has-put-extraordinary-pressure-on-accounts\",\"name\":\"Terrorism has put \u201cextraordinary pressure\u201d on accounts - 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