{"id":75290,"date":"2025-01-05T19:20:33","date_gmt":"2025-01-05T19:20:33","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-begins-2025-with-a-provisional-budget"},"modified":"2025-01-05T20:47:00","modified_gmt":"2025-01-05T20:47:00","slug":"mozambique-begins-2025-with-a-provisional-budget","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-begins-2025-with-a-provisional-budget","title":{"rendered":"Mozambique begins 2025 with a provisional budget"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>The Mozambican government has decided to extend the 2024 State Budget on a provisional basis, due to the general elections held in October, with the 2025 budget expected to be approved during the first half of the year.<\/p>\n<p>\u201cThe execution of expenditures outlined in the 2024 PESOE [Economic and Social Plan and State Budget] must adhere to the principle of using monthly twelfths of the allocated funds until the approval of the 2025 PESOE,\u201d reads an informational document from the Ministry of Economy and Finance, accessed today by Lusa.<\/p>\n<p>The document adds that, under the Law on the State Financial Administration System, the PESOE proposal must be submitted to the National Assembly annually by 15 October for approval by 15 December.<\/p>\n<p>\u201cHowever, when the preparation of the PESOE coincides with the end of the Government\u2019s Five-Year Program (PQG), the current PESOE is extended\u2014in this case, the 2024 PESOE\u2014until the new PESOE is approved,\u201d the document states.<\/p>\n<p>The Five-Year Government Program is considered \u201cthe primary medium-term planning tool,\u201d which \u201ctranslates the vision and priority development objectives into concrete actions for a five-year period\u201d\u2014coinciding with the now-ending mandate\u2014and is implemented annually through the PESOE during its validity period.<\/p>\n<p>Mozambique held general elections on 9 October, with the current National Assembly\u2019s mandate ending on 12 January and the President of the Republic, who holds executive power, stepping down on 15 January, when the proclaimed winners of the election are expected to be sworn in.<\/p>\n<p>The Ministry of Economy and Finance document further indicates that the approval of the 2025 PESOE is \u201cscheduled for the first half of 2025, depending on the legislative transition process and the end of the Government\u2019s mandate.\u201d<\/p>\n<p>\u201cThe extension of the 2024 PESOE includes authorisation for the collection and accounting of revenues and the execution of planned expenditures,\u201d the document specifies.<\/p>\n<p>On 23 December, the Constitutional Council (CC) proclaimed Daniel Chapo as the winner of the presidential election with 65.17% of the vote, succeeding Filipe Nyusi. The CC also confirmed Frelimo\u2019s victory, maintaining its parliamentary majority in the 9 October general elections.<\/p>\n<p>This announcement triggered renewed unrest across the country, with supporters of Vena\u0302ncio Mondlane, the presidential candidate who received 24% of the votes according to the CC, taking to the streets. Demonstrators erected barricades, looted, and clashed with police, who responded with gunfire to disperse the crowds.<\/p>\n<p>At least 176 people died in the week following the announcement of the final results, bringing the total death toll since 21 October to 278, with 586 people injured by gunfire, according to the latest figures from the electoral platform Decide, which monitors electoral processes in Mozambique.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Mozambique<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. The Mozambican government has decided to extend the 2024 State Budget on a provisional basis, due to the general elections held in October, with the 2025 budget expected to be approved during the first half of the year. \u201cThe execution of expenditures outlined in the 2024 PESOE [Economic and Social Plan and [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":75289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[3192,604,5963,241,283,309],"class_list":["post-75290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-eritrea","tag-kenya","tag-lesotho","tag-mauritius","tag-mozambique","tag-tanzania"],"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 begins 2025 with a provisional budget - 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