Mozambique has to choose the right policies if it wants to achieve sustainable poverty reduction, according to a World Bank report due to be presented Thursday in Maputo.
According to the report’s introduction, that statement stems from the fact that, despite the robust economic growth of the past two decades, Mozambique still has high levels of poverty.
The report, drafted by the World Bank and co-financed by the UK government, through its Department for International Development, analyses the state of domestic revenue and public expenditure, as well as providing a detailed analysis of public spending by sector, including health, education, transport infrastructure, energy, water and sanitation and social protection.
The document offers suggestions based on international best practices in similar contexts to improve public expenditure in these areas, in order to inform decisions on public spending and macroeconomic balance policies.
In conclusion, the study offers up policy options that the government could take to consign sufficient resources in priority sectors even at times of fiscal consolidation. (macauhub/MZ)