{"id":47667,"date":"2023-09-30T19:52:56","date_gmt":"2023-09-30T19:52:56","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy"},"modified":"2023-09-30T21:07:31","modified_gmt":"2023-09-30T21:07:31","slug":"state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy","title":{"rendered":"State revenue from dividends more than doubled to \u20ac82.1M in H1 YoY"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Mozambican state\u2019s revenue from dividends more than doubled in the first half of the year, compared to the same period in 2022, to almost 5.641 billion meticais (\u20ac82.1 million), according to data that Lusa had access to on Tuesday.<\/p>\n

According to the ministry of the economy and finance\u2019s economic and social balance of the implementation of the state budget from January to June, the weight of the contribution of dividends in the total revenue for this period was 3.8%, compared to 1.7% in the first half of 2022, when it totalled more than 2.224 billion meticais (\u20ac32.4 million).<\/p>\n

As a result, dividend income for the state grew by 153.6% in the first half of the year.<\/p>\n

Also in dividend income, the Cahora Bassa Hydroelectric Plant, with more than 3.643 billion meticais (\u20ac53 million), and the Ports and Railways of Mozambique, with almost 1.182 billion meticais (\u20ac17.5 million), contributed 64.6% and 21.0% of the total respectively.<\/p>\n

Millennium Banco Internacional de Moc\u0327ambique (BIM) \u2013 66.68% owned by Portugal\u2019s BCP and 17.12% by the Mozambican state \u2013 with almost 640 million meticais (\u20ac9.3 million), and the Mozambican Hydrocarbons Company, with 178.6 million meticais (\u20ac2.6 million), contributed 11.3% and 3.2% respectively to the Mozambican state\u2019s total revenue from dividends.<\/p>\n

Overall, the Mozambican state\u2019s current revenue grew by 9.8% in the first half of the year, to more than 146.474 billion meticais (\u20ac2.133 billion), driven by the increase in tax collection, which accounted for 45.2% of the total.<\/p>\n

With concessions in various sectors, the state collected 2.035 billion meticais (\u20ac29.6 million), an increase of 13.4% compared to the first half of 2022, which accounted for 1.4% of total revenue.<\/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\u2019s revenue from dividends more than doubled in the first half of the year, compared to the same period in 2022, to almost 5.641 billion meticais (\u20ac82.1 million), according to data that Lusa had access to on Tuesday. According to the ministry of the economy and finance\u2019s economic and social […]<\/p>\n","protected":false},"author":84,"featured_media":47666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-47667","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 revenue from dividends more than doubled to \u20ac82.1M in H1 YoY - Mozambique<\/title>\n<meta name=\"description\" content=\"The Mozambican state\u2019s revenue from dividends more than doubled in the first half of the year, compared to the same peri ...\" \/>\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-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State revenue from dividends more than doubled to \u20ac82.1M in H1 YoY\" \/>\n<meta property=\"og:description\" content=\"The Mozambican state\u2019s revenue from dividends more than doubled in the first half of the year, compared to the same peri ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy\" \/>\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=\"2023-09-30T19:52:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-30T21:07:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/09\/sm_1696095197.881226.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\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\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"State revenue from dividends more than doubled to \u20ac82.1M in H1 YoY\",\"datePublished\":\"2023-09-30T19:52:56+00:00\",\"dateModified\":\"2023-09-30T21:07:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy\"},\"wordCount\":271,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/09\/sm_1696095197.881226.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-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/state-revenue-from-dividends-more-than-doubled-to-e82-1m-in-h1-yoy\",\"name\":\"State revenue from dividends more than doubled to \u20ac82.1M in H1 YoY - 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