Government of Mozambique begins second inventory of State assets

12 July 2010

Maputo, Mozambique, 12 July – The 2nd General Inventory of State Assets began last week in Mozambique, a process that involves 800 staff supervised by the National Directorate for State Assets (DNPE), according to Mozambican newspaper Notícias.

The paper added that by the end of the year, the 2nd General Inventory consists of identifying and listing the state’s assets across the country, with a view to ensure their supervision and management.

The first General Inventory was carried out in 2002, under the terms of a law that gave the Administrative Court the responsibility, amongst others, of assessing the State’s financial activities in the area of state assets, revenues and expenditure.

During the official ceremony to launch the inventory, which took place in Maputo province, the permanent secretary of the Finance Ministry, Paulo Manhique, said that the initiative would also make it possible to find out the value of the assets and increase the quality of accounting, as well as reducing public expenditure and, consequently, reduce public debt.

Manhique also said that the inventory underway would identify imbalances in attribution of goods to state bodies and institutions and allow for better planning and drawing up of the State Budget.

In his turn, the national director for Assets, Zainadine Dalsuco, said that after conclusion of the inventory, as of January 2011 identification plaques would be fixed to State buildings. (macauhub)