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Home Public finances Debt Policy Management and Its Impact on Fiscal and Monetary Policy

Debt Policy Management and Its Impact on Fiscal and Monetary Policy

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A Gestão Política da Dívida e Seu Impacto nas Políticas Fiscal e Monetária

The recent illegal and hidden debt scandals brought to light a structural problem in the management of Mozambican public accounts, the incessant political interference of the elites in the conduct of the economy.
It is clear that the Government must manage any and all crises (including the public debt) from a political point of view, with the aim of regulating the public interest. However, one of the biggest problems we currently face is an intervention that seeks to safeguard our own interests at the expense of the common well-being.

In the specific case of public accounts, the big mistake of this "political management of public affairs" is the lack of awareness that, as for the debts, they were contracted illegally and, consequently, are the main reason for the rapid deterioration of the economy Mozambican.

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