Africa Monitor

Africa Monitor Intelligence

Mozambique: LNG Tax Bounty with Mitigated Impact on State Debt

Mozambique: LNG Tax Bounty with Mitigated Impact on State Debt

The accounts presented and the actual effect of FN´s announcement are, according to consulted sources, unclear and of modest effect, since the value of the income represents only a small part of the total State debt and payments to suppliers alone would absorb close to 70% of the income. READ MORE