State-Owned Enterprises in Mozambique: Current Situation and Policy Options
Selected Issues Papers, July 31, 2024
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- State-Owned Enterprises in Mozambique: Current Situation and Policy Options
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Bibliographic details
- Authors: Can Sever, Santos Bila
- Published: July 31, 2024
- Series: Selected Issues Papers
- DOI: https://doi.org/10.5089/9798400286155.018
Overview
- Paper documents the role of state-owned enterprises (SOEs) in Mozambique, discusses important fiscal issues, and makes the case for improvements in governance and transparency.
- A first step recommended is to enhance timely and regular collection of data that is easily accessible to better assess the performance of SOEs and raise awareness about associated fiscal costs and risks.
- Authors: Can Sever, Santos Bila
- Date: July 31, 2024
Key findings
- The paper documents the role of SOEs in Mozambique and identifies associated fiscal issues.
- Limited data availability and accessibility impede assessment of SOE performance and the awareness of fiscal costs and risks.
- Governance and transparency weaknesses are central concerns affecting the SOE sector's fiscal impact.
Fiscal issues and risks identified
- SOEs present fiscal costs and risks that are difficult to quantify without timely and regular data collection.
- Arrears, external debt, and broader fiscal risks are listed subject areas connected to SOE activity in Mozambique.
Governance and transparency policy recommendations
- Improve governance frameworks for SOEs to mitigate fiscal risks.
- Enhance transparency around SOE operations and fiscal positions.
- Strengthen procurement policy and public financial management (PFM) linked to SOE oversight.
- Raise awareness of SOE-related fiscal costs and risks through better disclosure and reporting.
Data and implementation priorities
- Establish regular, timely collection of SOE data that is easily accessible to stakeholders.
- Use improved data to better assess SOE performance and inform policy decisions.
- Prioritize measures that increase public availability of SOE fiscal and operational information.
Subject areas and keywords
- Subject: Arrears, Economic sectors, External debt, Fiscal risks, Public enterprises, Public financial management (PFM)
- Keywords: Arrears, Fiscal risks, governance, policy option, procurement policy, Public enterprises, role of state-owned enterprises, SOE sector, State-owned enterprises, state-owned enterprises in Mozambique, Sub-Saharan Africa, transparency
Content in this bundle
- State-Owned Enterprises in Mozambique: Current Situation and Policy Options