Monday, May 6, 2024

Republic of Mozambique
Ministry of Economy and Finance

Republic of Mozambique
Ministry of Economy and Finance

08

ALLOCATE 10% OF TAX REVENUES FROM NATURAL RESOURCES TO THE DEVELOPMENT OF PROVINCES WHERE EXTRACTION TAKES PLACE

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ALLOCATE 10% OF TAX REVENUES FROM NATURAL RESOURCES TO THE DEVELOPMENT OF PROVINCES WHERE EXTRACTION TAKES PLACE

This measure aims to ensure that extracted resources have a direct connection with the improvement of the livelihood of the communities based in the extractive areas.

The allocated revenue should be used exclusively for the financing of infrastructure projects and development programs with a multiplier effect on the local economy.

ALLOCATE 10% OF TAX REVENUES FROM NATURAL RESOURCES TO THE DEVELOPMENT OF PROVINCES WHERE EXTRACTION TAKES PLACE

This measure aims to ensure that extracted resources have a direct connection with the improvement of the livelihood of the communities based in the extractive areas.

The allocated revenue should be used exclusively for the financing of infrastructure projects and development programs with a multiplier effect on the local economy.