Since 2014, the Law on the Specific Regime of Taxation and Fiscal Benefits of Mining Activity provides that the Government determines the value of the mining product based on the reference prices of the international market for minerals. But, until 2019, the same had not happened, causing losses to the State estimated at around 893.5 billion meticais in Mining Production Tax, between 2013 and 2019.
In addition to the direct damage that this situation causes to the revenue destined for the State Budget, the communities that host the projects and beneficiaries of 2,75% of the mining production tax are severely harmed, reducing the possibility of solving basic problems that are not resolved by the OE.
This fact refers to the need for urgency in complying with what is established by law.
