The Government presented the proposed revision of the 2026 Economic and Social Plan and State Budget (PESOE) to the Assembly of the Republic on 24 October 2026, seeking to incorporate more than 3.57 billion meticais (3,574.6 million) in carried-over balances from liquefied natural gas (LNG) revenues to finance priority investments for the country’s recovery and development.
Presenting the proposal, Finance Minister Carla Loveira explained that the revision followed the identification, in the 2025 Accounts Report, of carried-over balances from the budgetary share of LNG revenues. These funds were available in the Transitional Account of the Mozambique Sovereign Fund but had not been incorporated into the State Budget initially approved for 2026.
The minister stressed that the use of these resources must comply with the applicable legal procedures, ensuring that their allocation is carried out with transparency, accountability and rigour in public finance management. “These are, therefore, resources that already belong to the Mozambican State, whose use requires legislative authorisation, in compliance with the principle of budgetary legality and the requirements of transparency and good governance in public finance management,” the minister said.
According to Carla Loveira, the proposed revision provides for the allocation of the resources to four priority areas of intervention, in accordance with Article 12 of Law No. 1/2024 of 9 January and its respective regulations, prioritising short-term investments in the social sectors and critical infrastructure.
Of the total amount of 3,574.6 million meticais, 1,174.6 million meticais will be allocated to the Comprehensive Plan for Post-Flood Recovery and Resilient Reconstruction 2026, with the aim of supporting the recovery of flood-affected areas and strengthening the capacity to respond to extreme weather events.
A further 700 million meticais will be used to restore public administration infrastructure damaged in the context of post-election conflicts, while 1,200 million meticais will be allocated to the recovery and rehabilitation of roads and bridges, which are essential for restoring mobility, improving territorial connectivity and facilitating the movement of people and goods.
The proposal also provides for the allocation of 500 million meticais to the Parliamentary Citadel project as part of the planned investments.
Through this revision, the Government aims to ensure that available public resources are channelled towards interventions with a direct impact on infrastructure recovery, improving the operating conditions of public services and strengthening national resilience.
The initiative forms part of the Government’s commitment to promoting the responsible, transparent and efficient management of State resources, ensuring that their use addresses national priorities and helps create favourable conditions for inclusive and sustainable economic growth.
The prudent management of public resources is therefore a fundamental instrument for addressing current challenges, accelerating the country’s recovery and safeguarding the interests of present and future generations.
