Mozambique PFM for Results Program : Technical Assessment
The discovery of large natural resource reserves in Mozambique has raised expectations of increased economic growth, improved public services and poverty reduction. However, the majority of the population has benefited little from growth in recent...
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Format: | Other Financial Accountability Study |
Language: | English en_US |
Published: |
Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/01/19795522/mozambique-pfm-results-program-technical-assessment http://hdl.handle.net/10986/20073 |
Summary: | The discovery of large natural
resource reserves in Mozambique has raised expectations of
increased economic growth, improved public services and
poverty reduction. However, the majority of the population
has benefited little from growth in recent years, and may be
skeptical that the potential for increased government
revenues will translate into improved services. The
development potential of future natural resource revenues
will partially depend on stronger PFM systems, as well as
political commitment to broad based social and economic
development. A gap between political rhetoric and
improvements in the everyday lives of the population may
fuel potential for social unrest. Similarly, changing
development partner circumstances (both funding constraints
and changing modalities) and perceptions of Mozambique s
development trajectory may lead to a drop in the levels of
assistance, in advance of actual increases in revenue (it is
still some years before natural resources will reach
market). The Government needs to respond to both popular
expectations and a changing partner environment. This
creates a window of opportunity to increase government focus
on the effective management of public resources and improved
service delivery. |
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