The Council of State Representation Services in Maputo City (CSRECM) reported this week to have registered a growth in global revenue production of around 52.6 percent. Specifically, after the annual assessment of the Economic and Social Plan and State Budget 2022 (PESOE 2022), which took place a few days ago, the CSRECM reported that the registered global production was 70.3 billion Meticais, corresponding to 106.3% of the annual plan set at 66.1 billion Meticais and a growth of 52.6% compared to the same period in 2021 when 46.1 billion Meticais were recorded. In terms of contribution or weight in global production, the CSRECM detailed that the Manufacturing Industry sector had 28.14%, Accommodation, Restaurants and Similar, Transport and Communications, both with a contribution of 20.99% respectively, in the structure of global revenue production . The overall execution of expenses was 8.6 billion Meticais, an amount that corresponds to a realization of 92.47% of the Global Budget set at 9.5 billion Meticais. According to a communiqué issued by CSRECM after the balance sheet, of the total Budget, 8.1 billion Meticais were earmarked for Operating expenses and 474.6 million Meticais for Investment. When compared with the global execution of 2021 (7.5 billion Meticais) there is a growth of 14.72%. The 2023 PESOE, approved by Law nº 29/2022 of December 30, sets a budget of 7.2 billion Meticais for the City of Maputo. The note also mentions that the PEOSE of 2023 is projected, for the City of Maputo, a production of income in the amount of 73.4 billion Meticais, a value that represents a growth of 15.23 percent compared to the planned in 2022 which was 63.7 billion Meticais. (Letter) Source: Carta de Moçambique

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