The
government party FRELIMO, approved the General State Account for 2015 by a
majority in the plenary session of the National Assembly (NA). The main
opposition party - RENAMO and the Democratic Movement of Mozambique (DMM) had
already expressed on other occasions their discontent and disapproval, since in
this budget the contentious debts of Ematum, Proindicus and Mozambique Asset
Management companies are legalized. The designated hidden debts contracted by
these companies with State guarantees are now included in the General State
Account and totals around 2 billion dollars.
RENAMO
ended up boycotting the parliamentary session, eventually leaving the discussion
room. As for the DMM, it voted against, considering that these debts were
contracted in default of NA and accuses the party FRELIMO of being responsible
for the burden of this indebtedness that led the country to an unprecedented
economic and political crisis. On the other hand FRELIMO by voting in favor,
emphasized that the NA is sovereign, the registration of debts contracted by
these companies is legal and that this has already been duly justified in
accounting terms.Thus, the 2015 economic year was eventually approved, but
certainly the ongoing climate of tension between government and opposition will
remain in days to come.
Miguel
Verde – Senior Consultant, Professor of International Relations
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