The Coordinator of the Economic Reforms Office (GCRE) and the Representative of the Investment Fund Management Company, SA (BFS) signed today at the Ministry of Economy and Finance a Memorandum of Understanding to establish a strategic relationship between the GCRE that operationalizes the 20 measures of PAE and BFS.
This memorandum will facilitate support for the PAE in Mozambique. BFS emphasized that its group companies will be engaged in exploring ways to collaborate for the efficient implementation of the PAE. The BFS Representative also mentioned that the combined solution of business sector development and financial optimization will improve the success rate in the National Construction Materials Industry and large-scale production by the State, focusing on measures 7 and 12 of the PAE.
In the same way as consultancy services to strengthen local capacity in the activities of measures 9, 17 and 19 of the PAE looking at the function, governance, strategy and planning of the Mutual Guarantee Fund, Social Security Fund, Sovereign Fund and other relevant initiatives.
