{"id":50066,"date":"2023-11-09T20:26:14","date_gmt":"2023-11-09T20:26:14","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-parliament-approves-its-own-2-6-billion-meticais-budget-for-2024-a-14-cut"},"modified":"2023-11-09T20:51:36","modified_gmt":"2023-11-09T20:51:36","slug":"mozambique-parliament-approves-its-own-2-6-billion-meticais-budget-for-2024-a-14-cut","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-parliament-approves-its-own-2-6-billion-meticais-budget-for-2024-a-14-cut","title":{"rendered":"Mozambique: Parliament approves its own 2.6 billion meticais budget for 2024, a 14% cut"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>The Mozambican parliament on Wednesday approved a budget of just over 2.6 billion meticais ( around US$40.7 million) for its operating and investment expenses in 2024, 14% less than in 2023.<\/p>\n<p>The bill was approved only by MPs from the Front for the Liberation of Mozambique (Frelimo), the ruling party with a qualified majority in parliament, since the benches of the Mozambican National Resistance (Renamo), the main opposition party, and the Mozambique Democratic Movement (MDM), the third largest party, were once again absent en bloc from the plenary session of the legislative body.<\/p>\n<p>\u201cThe proposal for the parliament\u2019s budget for 2024, due to the need to contain expenses, points to a reduction of around 14 % compared to the 2023 budget,\u201d said He\u0301lder Injojo, a Frelimo MP and the president of the parliament\u2019s administrative council, who presented the document.<\/p>\n<p>Of the amount approved today, the largest portion goes to operating expenses, which will absorb just over 2.5 billion meticais ( 39 million US dollars).<\/p>\n<p>The remainder, equivalent to US$1.7 million, will go towards investment costs, Injojo added.<\/p>\n<p>He\u0301lder Injojo said that parliament\u2019s administrative council body\u2019s activities in 2024 will prioritise strengthening parliament\u2019s representative, legislative and supervisory functions and institutional capacity building.<\/p>\n<p>\u201cThe instruments approved today are aimed at creating premises so that this house can fulfil its role next year, fulfilling its mission of representing the noblest interests of the Mozambican people, ensuring legislative production for the functioning of our state and ensuring supervisory action,\u201d emphasised He\u0301lder Injojo.<\/p>\n<p>Renamo and MDM members of parliament were again absent from plenary sessions today, after boycotting the solemn act to restart the body\u2019s work, as part of the opposition parties\u2019 challenge to the results of the local elections on 11 October.<\/p>\n<p>The leaders of Renamo, Ossufo Momade, and the MDM, Lutero Simango, had said at a joint press conference that the two parties would return to parliament, but this announcement has not yet materialised.<\/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. The Mozambican parliament on Wednesday approved a budget of just over 2.6 billion meticais ( around US$40.7 million) for its operating and investment expenses in 2024, 14% less than in 2023. The bill was approved only by MPs from the Front for the Liberation of Mozambique (Frelimo), the ruling party with a [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":50065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,281,283],"class_list":["post-50066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","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>Mozambique: Parliament approves its own 2.6 billion meticais budget for 2024, a 14% cut - Mozambique<\/title>\n<meta name=\"description\" content=\"The Mozambican parliament on Wednesday approved a budget of just over 2.6 billion meticais ( around US$40.7 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