Mozambique - Public finance

The government's role in the economy has diminished during the past decade as the country has recovered from civil war. Preparations for privatization of many state-run industries and utilities had begun as of 2002, and the tax code has been revised.

The US Central Intelligence Agency (CIA) estimates that in 2001 Mozambique's central government took in revenues of approximately $393.1 million and had expenditures of $1 billion including capital expenditures of $479.4 million. Overall, the government registered a deficit of approximately $631.9 million. External debt totaled $1 billion.