{"id":41160,"date":"2023-06-22T17:00:18","date_gmt":"2023-06-22T17:00:18","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=41160"},"modified":"2023-06-22T11:10:28","modified_gmt":"2023-06-22T11:10:28","slug":"state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant","title":{"rendered":"State budget\u00a0to receive more funds from Mozambique\u2019s largest hydroelectric plant"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Mozambican State Budget will henceforth receive 72% of the Cahora Bassa Hydroelectric (HCB) concession fee, 9.5 percentage points above the previous level, the government has announced.<\/p>\n

The measure \u201caims to update the beneficiary institutions\u201d without changing \u201cthe nominal value currently allocated\u201d, explained Council of Ministers spokesman Filima\u0303o Suaze on Tuesday.<\/p>\n

The Energy Fund, which initially received 35%, now receives 25% and the remainder is to be shared between the development agencies (2%) and the Energy Regulatory Authority (1%).<\/p>\n

HCB is majority-owned by the Mozambican state and has been classified as the Mozambican public company with the best financial health, the only one in \u2018Category 1\u2019, that is, with \u201cvery low risk\u201d of defaulting on commitments, according to an October 2022 analysis by the Centre for Public Integrity (CIP), a Mozambican non-governmental organisation.<\/p>\n

According to its financial statements, HCB paid the state around 239 million meticais (\u20ac3.4 million) in concession fees in 2022.<\/p>\n

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

Africa-Press – Mozambique. The Mozambican State Budget will henceforth receive 72% of the Cahora Bassa Hydroelectric (HCB) concession fee, 9.5 percentage points above the previous level, the government has announced. The measure \u201caims to update the beneficiary institutions\u201d without changing \u201cthe nominal value currently allocated\u201d, explained Council of Ministers spokesman Filima\u0303o Suaze on Tuesday. The […]<\/p>\n","protected":false},"author":84,"featured_media":41159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-41160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nState budget\u00a0to receive more funds from Mozambique\u2019s largest hydroelectric plant - Mozambique<\/title>\n<meta name=\"description\" content=\"The Mozambican State Budget will henceforth receive 72% of the Cahora Bassa Hydroelectric (HCB) concession fee, 9.5 perc ...\" \/>\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\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State budget\u00a0to receive more funds from Mozambique\u2019s largest hydroelectric plant\" \/>\n<meta property=\"og:description\" content=\"The Mozambican State Budget will henceforth receive 72% of the Cahora Bassa Hydroelectric (HCB) concession fee, 9.5 perc ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant\" \/>\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=\"2023-06-22T17:00:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687415944.249376.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1066\" \/>\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=\"1 minute\" \/>\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\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"State budget\u00a0to receive more funds from Mozambique\u2019s largest hydroelectric plant\",\"datePublished\":\"2023-06-22T17:00:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant\"},\"wordCount\":167,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1687415944.249376.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-budget-to-receive-more-funds-from-mozambiques-largest-hydroelectric-plant\",\"name\":\"State budget\u00a0to receive more funds from Mozambique\u2019s largest hydroelectric plant - 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