Maputo, Aug. 19, 2025 (Lusa) - The Mozambican state had revenues of 171.801 billion meticais (€2.295 billion) in the first half of the year, an increase of almost 2% compared to the same period in 2024, influenced by the payment of civil service salaries.

According to budget execution data from January to June, to which Lusa had access today, this still represents 44.5% of the annual forecast (for 12 months), despite year-on-year growth.

The document attributes this increase to the nominal growth of 10.3% in the collection of IRPS, income tax paid by workers, noting the payment that took place in February of this year, of “the 13th salary and overtime to teachers and health personnel”.

It also points to the nominal growth in IRPC [corporate income tax] collection in line with the final taxation of this tax, resulting from some profitability of companies in the 2024 financial year, amid “challenging factors”, about the consequences of the post-election unrest in Mozambique.

The document also refers to “significant growth in non-tax revenues,” with emphasis on the exploitation of public property, assets, the sale of goods and services, and capital revenues in the same period.

“Although revenue grew slightly, some factors affected the outcome for the period relative to the target,” the report points out, giving as an example the “impact of VAT adjustment notes issued by companies in the mining sector on the collection of this tax.”

The “significant opportunities arising from post-election demonstrations that led to a reduction in imports in the first half of 2025, associated with the foreign exchange situation in the national financial system” is another of the reasons recognised, as well as the “reduction in payments of the Specific Consumption Tax on domestic production in view of the economic situation and tax benefits” in this sector, ‘combined with the reduction in domestic tobacco production with the departure of BAT to South Africa’.

PVJ/ADB // ADB.

Lusa