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International Monetary Fund
This paper presents an update to the Report on the Observance of Standards and Codes on Fiscal Transparency Module for the Republic of Mozambique. Several measures that respond to the earlier recommendations are now being implemented. The Ministry of Planning and Finance has already started gathering information and establishing procedures to include self-generated revenues of ministries and government agencies and their related expenditures in the budget, beginning with the 2003 budget. Public availability of fiscal information has been enhanced by the publication of quarterly budget execution reports.
International Monetary Fund

of Planning and Finance (MPF) has already started gathering information and establishing procedures to include self-generated revenues of ministries and government agencies and their related expenditures in the budget, beginning with the 2003 budget. Public availability of fiscal information has been enhanced by the publication of quarterly budget execution reports. Budget preparation and execution have been improved through the use of a more detailed functional classification of expenditure. The preparation and approval of the PRSP in 2001 advanced the use of