Mozambique: 862.8 Million Meticais From Mineral Projects to Be Allocated to Communities

Maputo — The Mozambican government intends to allocate 862.8 million meticais (over 15 million dollars at the current exchange rate) to local communities and provinces hosting mining and natural gas exploration projects, according to the proposed Economic and Social Plan and State Budget for 2026, submitted to the country’s parliament, the Assembly of the Republic.

According to the document, 625.5 million meticais (72.5 per cent of the total) will go to the provinces and 237.3 million meticais…