Maputo, March 25, 2026 (Lusa) - The debt of the Mozambican State Business Sector fell by almost 7% in the last quarter of 2025 compared to the previous one, to 37.287 billion meticais (€505 million), according to data from the Ministry of Finance.
The figures for the evolution of Mozambican public debt in 2025 indicate a reduction of 2.68 billion meticais (€36.3 million) in the last three months of the year, after a slight 1% increase in the previous quarter.
The document said that the "slowdown was driven, above all, by the fulfilment of debt service by the invested companies," with highlights for Mozambique Railways (CFM), Mozambique Airlines (LAM), the telecommunications operator TMcel, and the National Hydrocarbon Company (ENH), as well as the decrease in the debt stock contracted by CFM, ENH, and Mozambique Airports (ADM).
Revenues collected by the Mozambican State Business Sector increased by 35% in 2024 to 12.3 billion meticais (€167.1 million), the government announced in parliament in November, defending measures to improve financial solidity.
Responding to questions from MPs regarding the 2024 General State Account, Mozambique's prime minister, Benvinda Levi, said that the government is moving forward with measures to reduce the fiscal risks of the State Business Sector, continuing the adoption and implementation of measures and actions with the ultimate goal of improving its competitiveness and financial solidity.
To this end, she said, the government is focusing on restructuring the sector, with greater emphasis on financial and operational aspects, and an evaluation model based on the economic value added by managers of public and majority state-owned companies.
"This commitment by the government is based on the fact that the state business sector, in 2024, contributed to the collection of revenue of 12.3 billion meticais, coming from two main sources, dividends and revenue from the sale of holdings and assets, which were channelled to the Public Treasury," said the prime minister.
Compared to the same period last year, she added, the collected revenues show an increase of 35%, compared to 9.1 billion meticais (€123.6 million) in 2023.
Maria Benvinda Levi promised to continue with concrete actions to improve public debt management through the implementation of the MERIDIAN computer system, which enables better-quality debt data recording, service, monitoring, and analysis.
"We further reaffirm that we will continue to develop actions aimed at bringing public debt to sustainable parameters, ensuring a balance between sources of financing and the reinforcement of fiscal discipline," she stated.
PVJ/RYOL // ADB.
Lusa
