Friday, July 12, 2024

Mozambique has seen an increase in the transfer of resources to host communities

Mozambique has witnessed a notable increase in resource transfers to its provinces, as indicated by the latest data. In particular, the province of Tete stood out, with an impressive increase from 8.1 million meticais in 2022 to 23.8 million meticais in 2023. Cabo Delgado also saw significant growth, with transfers rising from 12.3 million meticais to 23.6 million in the same period.

However, it is notable that Maputo province continues to receive relatively low amounts, with only 500,000 meticais in 2023, compared to 300,000 meticais in 2022.

This increase in transfers is in line with important legal provisions, such as article 20 of Law No. 20/2014 (Mining Law) and article 48 of Law No. 21/2014 (Petroleum Law). These articles stipulate the annual return of 2.75% of the Petroleum and Mining Production Tax to the communities impacted by extractive industry projects. The amounts transferred were calculated on the basis of 2021 revenues, demonstrating the government’s commitment to promoting sustainable development and directly benefiting local communities.

In addition, this measure highlights the ongoing effort to ensure that the benefits of the extractive industry reach the affected communities, contributing to a more equitable distribution of the wealth generated by these sectors.

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