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IMF Country Report No. 23/45
REPUBLIC OF MOZAMBIQUE
TECHNICAL ASSISTANCE REPORT ON GOVERNMENT FINANCE STATISTICS MISSION (DECEMBER 2–13, 2019)
January 2023
This report on the Republic of Mozambique was prepared by a staff team of the International Monetary Fund. It is based on the information available at the time it was completed in February 2020.
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This report was prepared in 2020 and the Republic of Mozambique consented to its publication in 2023. The report is being published as it was written at the time.
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Title page
Republic of Mozambique
Report on Government Finance Statistics Mission (December 2–13, 2019)
February 2020
Prepared by Djaima Da Costa
The contents of this report constitute technical assistance (TA) recommendations provided by the technical staff of the International Monetary Fund (IMF) to the authorities of Mozambique (the “TA recipient”) in response to a request for technical assistance. This report (in whole, in part) or summaries thereof may be disclosed by the IMF to IMF Executive Directors and members of their respective staff, as well as to other agencies or instrumentalities of the TA recipient, and upon their request, to World Bank staff, and other technical assistance providers and donors with legitimate interest, unless the TA recipient specifically objects to such disclosure (see Operational Guidance for the Dissemination of Capacity Development Information (see available in English only). Disclosure of this report (in whole or in part) or summaries thereof to parties outside the IMF other than agencies or instrumentalities of the TA recipient, the World Bank, and other technical assistance providers or donors with legitimate interest, shall require the explicit consent of the TA recipient and the IMF’s Statistics Department.
Contents
Glossary
SUMMARY OF MISSIONS OUTCOMES AND PRIORITY RECOMMENDATIONS
DETAILED TECHNICAL ASSESSMENT AND RECOMMENDATIONS _
A. Coordination of the GFS Compilation Process
B. Sectorization and Sources of Fiscal Data
C. Identification of Statistical Discrepancies
D. Compilation of Annual 2016–2018 GFS
E. Fiscal Table Revisons
FIGURES
1. Overall Balance vs. Discrepancies
2. Government Revenue
3. Government Expenses
TABLES
1. Integrated GRM Financial Balance Sheet
2. Priority Recommendations
3. Detailed Recommendations/Action Plan
4. Discrepancies 2016–2018
5. Investments in Nonfinancial Assets
6. Leasing of Government Buildings
7. Treatment of Leasing
8. GCO Deposits Excluding the INSS
9. Reconciliation of the 2016–2018 Domestic Debt
10. Debts in “Arrears” Recognized, Validated and Paid
11. Treatment of “Arrears”
12. Treasury Operations
13. Statement of Sources and Uses of Cash /Fiscal Table
14. Government Spending by Functions of Government – COFOG
15. Stock of Financial Assets and Liabilities by Counterparty
ANNEXES
I. Officials and Employees Met During the Mission
II. Institutional Structure of General Government
III. Detailed Government Revenue – GRM
IV. GRM Detailed Government Spending
V. Transactions in Assets and Liabilities – GRM
VI. Transactions in GRM Financial Assets and Liabilities by Counterparty
VII. GRM Fiscal Table – GFSM 1986 vs. GFSM 2014
Glossary
| AFR | IMF African Department |
| AT | Administrative Tribunal |
| BM | Bank of Mozambique |
| CCGFS | Committee for Compiling Public Finance Statistics |
| CEDSIF | Center for the Development of Financial Information Systems |
| CGE | Government Financial Report and Statements [Conta Geral do Estado] |
| CIs | Credit Institutions |
| COFOG | Classification of the Functions of Government |
| CSE | Superior Statistical Council |
| DEEF | Economic and Financial Studies Directorate |
| DFID | United Kingdom Department for International Development |
| DNCP | National Directorate of Public Accounting |
| DNPO | National Directorate of Planning and Budget |
| DNT | National Treasury Directorate |
| e-SISTAFE | Electronic Government Financial Administration System |
| EBU | Extrabudgetary Units |
| EDDI 2 | Enhanced Data Dissemination Initiative 2 |
| GCO | Central Budgetary Government |
| GDP | Gross Domestic Product |
| GFS | Government Finance Statistics |
| GFSM 2014 | Government Finance Statistics Manual 2014 |
| GG | General Government or Public Administration |
| GGR | Risk Management Office |
| GRM | Government of the Republic of Mozambique |
| IMF | International Monetary Fund |
| INE | National Statistics Institute |
| INSS | National Social Security Institute |
| LG | Local Government |
| MEF | Ministry of Economy and Finance, Mozambique |
| NGC | Net Government Credit |
| OE | Government Budget |
| OEF | Other Economic Flows |
| PSDSG 2011 | Public Sector Debt Statistics: A Guide for Compilers and Users 2011 |
| SGIFP | Public Finance Management Information System |
| STA | International Monetary Fund, Statistics Department |
| STA | Single Treasury Account |
| T-Bills | Treasury Bills |
| T-Bonds | Treasury Bonds |
| TA | Technical Assistance |