Cover IMF Staff Country Reports
Buy Book in Print
Republic of Mozambique: Selected Issues
Author:
International Monetary Fund. African Dept.
Search for other papers by International Monetary Fund. African Dept. in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2024: Issue 220
Language:
English
Publication Date:
12 Jul 2024
DOI:
https://doi.org/10.5089/9798400285301.002
ISBN:
9798400285301
ISSN:
1934-7685
Pages:
10
Keywords:
state-owned enterprises in Mozambique; SOE sector; policy option; procurement policy; procurement process; soes' operations; SOE ownership policy; Public enterprises; Fiscal risks; Arrears; Sub-Saharan Africa
Download PDF (920.5 KB) Download Epub
This Selected Issues paper discusses current situation and policy options related to state-owned enterprises (SOE) in Mozambique. SOEs play an important role in the Mozambican economy providing much-needed utilities, and also regarding employment and investment dynamics. A first step is to enhance timely and regular collection of data that is easily accessible to better assess the performance of SOEs and raise awareness about associated fiscal costs and risks. Enhancing governance and transparency in the SOE sector remains essential to strengthen performance, oversight and accountability, aimed at containing the associated costs and risks. Besides the consolidated accounts, there is a need for action to regularly publish granular data on SOEs to improve transparency and accessibility. It is also important to improve transparency in the SOEs’ procurement processes to address vulnerabilities to corruption and improve public spending efficiency. Undertaking a comprehensive analysis of the SOE sector is important to set a holistic strategy for prioritizing and sequencing needed reforms going forward.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund