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Home Public finances WHICH THE 42 MMT TRANSFERRED ABROAD SERVED

WHICH THE 42 MMT TRANSFERRED ABROAD SERVED

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A QUE SERVIRAM OS 42 MMT TRANSFERIDOS AO EXTERIOR

In the General State Account (CGE) for the year 2015 1 the Government presents in Map I-1 (Annex 1) an item called “Other Operations” in the category of Net External Loans. The amount in question is -42,128,712,000 Meticais (minus 42.1 billion Meticais, MMT), equivalent to 7.1% of GDP and 937.9 billion US Dollars – an amount higher than EMATUM's entire debt . Having a negative sign and appearing in the transaction group “Net External Loans” in Map I-1 of CGE 2015, this implies a payment abroad related to a loan.

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