Resolution No. 43/2025 approving the Economic Recovery and Growth Plan 2025–2029 (PRECE).

The Resolution approves the Economic Recovery and Growth Plan (Plano de Recuperação e Crescimento Económico – PRECE) for the period 2025–2029 as an operational instrument aligned with Mozambique’s National Development Strategy 2025–2044 (ENDE) and the Government’s Five-Year Programme (PQG) 2025–2029. PRECE overarching objectives are to restore macroeconomic stability, reinforce institutional trust and transparency, stimulate diversified and inclusive growth, and reduce the cost of living, while contributing to long‑term economic independence through self‑sufficiency, financial autonomy, control of strategic resources, trade balance improvement and economic diversification.The Plan is structured around three main pillars. Pillar I (Government Communication) establishes a national dialogue platform involving political, community, religious and civil society leaders, as well as the initiative “one expense, one charge” to improve transparency in public spending. Pillar II (Economic and Financial Framework) sets measures to broaden the tax base and improve fiscal efficiency—digitalization of tax payments, modernization of local revenue systems, agricultural marketing platforms, extension of reference price mechanisms to all exports, etc. It also provides for reducing financing costs for micro, small and medium enterprises (MPMEs) through special credit lines, a waiver on provisions in crisis contexts, a Mutual Guarantee Fund, a national Development Bank, a Local Economic Development Fund (FDEL), and sectoral incentives, notably for agriculture, agro‑industry, tourism and transport.
Pillar III (Cost of Living) introduces immediate and medium‑term measures to reduce fuel prices and the cost of basic goods. The Plan also foresees VAT exemptions on selected basic products (sugar, edible oil, soaps, beans) and relief on certain municipal charges for vulnerable households, targeting a cumulative 16% reduction in the basic food basket. Implementation and monitoring are entrusted to a two‑level Management and Monitoring Council (CGM)—interministerial and operational—chaired by the Prime Minister and coordinated by the Minister of Planning and Development, supported by a dedicated Implementation Unit. The CGM must meet periodically, produce progress reports for the Council of Ministers and the Economic and Social Council, and use an annexed matrix of actions, indicators and deadlines to track execution and expected macroeconomic outcomes, including higher GDP growth, improved external balance, lower interest rates and enhanced investor confidence.