{"id":39358,"date":"2023-05-24T16:30:45","date_gmt":"2023-05-24T16:30:45","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate"},"modified":"2023-05-24T17:27:36","modified_gmt":"2023-05-24T17:27:36","slug":"parliament-postpones-sovereign-wealth-fund-debate","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate","title":{"rendered":"Parliament postpones Sovereign Wealth Fund debate"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique\u2019s parliament has postponed the plenary meeting scheduled for Wednesday about the country\u2019s sovereign wealth fund at the request of Frelimo, the majority benches, to \u201cdeepen the debate\u201d before the proposal is put to a vote.<\/p>\n<p>The speaker of Mozambique\u2019s parliament, Esperanc\u0327a Bias, authorised the postponement of the session in response to a written request made on Tuesday by the bench of the Mozambique Liberation Front (Frelimo), to which Lusa had access.<\/p>\n<p>\u201cThe Frelimo parliamentary delegation has requested the postponement of the debate on the draft law that creates the sovereign wealth fund of Mozambique, a matter that we consider of great importance to all Mozambicans.<\/p>\n<p>In a statement, the parliament announced the postponement of Wednesday\u2019s session without setting a new date for the debate.<\/p>\n<p>The legislature said that members of parliament would meet on Thursday but with other issues on the agenda, including the review of the law on the ombudsman.<\/p>\n<p>Last week, the main opposition party Resiste\u0302ncia Nacional Moc\u0327ambicana (Renamo), challenged the proposal to create the sovereign fund, saying that it should be managed by an autonomous body instead of the central bank.<\/p>\n<p>As in other countries, the idea of the fund is to raise revenues from oil and gas resources to invest in development and ensure resources for future generations.<\/p>\n<p>The draft law was approved by the cabinet in November 2022 and foresees that the fund will be capitalised in the first 15 years, with 40% of the revenues from gas and oil, with 60% from the budget.<\/p>\n<p>From year 16 onwards, revenues will be shared equally between the fund and the budget.<\/p>\n<p>Frelimo has an absolute majority of 184 seats in parliament, Renamo has 60 seats, and the Mozambique Democratic Movement (MDM) has six members.<\/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 parliament has postponed the plenary meeting scheduled for Wednesday about the country\u2019s sovereign wealth fund at the request of Frelimo, the majority benches, to \u201cdeepen the debate\u201d before the proposal is put to a vote. The speaker of Mozambique\u2019s parliament, Esperanc\u0327a Bias, authorised the postponement of the session in response to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":39357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[233,281,283],"class_list":["post-39358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","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>Parliament postpones Sovereign Wealth Fund debate - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s parliament has postponed the plenary meeting scheduled for Wednesday about the country\u2019s sovereign wealth f ...\" \/>\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\/parliament-postpones-sovereign-wealth-fund-debate\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament postpones Sovereign Wealth Fund debate\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s parliament has postponed the plenary meeting scheduled for Wednesday about the country\u2019s sovereign wealth f ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate\" \/>\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=\"2023-05-24T16:30:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-24T17:27:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"428\" \/>\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=\"2 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\/parliament-postpones-sovereign-wealth-fund-debate#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Parliament postpones Sovereign Wealth Fund debate\",\"datePublished\":\"2023-05-24T16:30:45+00:00\",\"dateModified\":\"2023-05-24T17:27:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate\"},\"wordCount\":307,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate\",\"name\":\"Parliament postpones Sovereign Wealth Fund debate - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg\",\"datePublished\":\"2023-05-24T16:30:45+00:00\",\"dateModified\":\"2023-05-24T17:27:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Mozambique\u2019s parliament has postponed the plenary meeting scheduled for Wednesday about the country\u2019s sovereign wealth f ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg\",\"width\":720,\"height\":428,\"caption\":\"Parliament postpones Sovereign Wealth Fund debate\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Parliament postpones Sovereign Wealth Fund debate\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Parliament postpones Sovereign Wealth Fund debate - Mozambique","description":"Mozambique\u2019s parliament has postponed the plenary meeting scheduled for Wednesday about the country\u2019s sovereign wealth f ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate","og_locale":"en_US","og_type":"article","og_title":"Parliament postpones Sovereign Wealth Fund debate","og_description":"Mozambique\u2019s parliament has postponed the plenary meeting scheduled for Wednesday about the country\u2019s sovereign wealth f ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-05-24T16:30:45+00:00","article_modified_time":"2023-05-24T17:27:36+00:00","og_image":[{"width":720,"height":428,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Parliament postpones Sovereign Wealth Fund debate","datePublished":"2023-05-24T16:30:45+00:00","dateModified":"2023-05-24T17:27:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate"},"wordCount":307,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","head lines","homepage-english","policy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate","name":"Parliament postpones Sovereign Wealth Fund debate - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg","datePublished":"2023-05-24T16:30:45+00:00","dateModified":"2023-05-24T17:27:36+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Mozambique\u2019s parliament has postponed the plenary meeting scheduled for Wednesday about the country\u2019s sovereign wealth f ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/05\/sm_1684932549.89854.jpg","width":720,"height":428,"caption":"Parliament postpones Sovereign Wealth Fund debate"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/parliament-postpones-sovereign-wealth-fund-debate#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Parliament postpones Sovereign Wealth Fund debate"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/39358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=39358"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/39358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/39357"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=39358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=39358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=39358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}