Efeito do défice fiscal no crescimento económico: evidência empírica para Moçambique (1995-2021)

Abstract

This paper investigates the effect of the fiscal deficit on Mozambique's economic growth from 1995 to 2021. To this end, two research methods were used: (1) literature review and interpretation of quantitative data on Mozambique's macroeconomic and fiscal indicators; (2) the Ordinary Least Squares (OLS) econometric method to estimate the effect of the fiscal deficit on Mozambique's economic growth. The results suggest that the fiscal deficit has no statistically significant effect on Mozambique's economic growth. Finally, it is recommended that the government restructure public spending, taking into account the priorities of the national economy, reducing current spending and investing in investment spending that will increase levels of economic activity, generating more and more economic growth. Finally, it is recommended that the government restructure public spending, taking into account the priorities of the national economy, reducing current expenditure and focusing on investment expenditure that will increase levels of economic activity, generating more and more employment and income.(TRADUÇÃO NOSSA)