Mozambique’s Ministry of Mineral Resources and Energy has launched a four-day strategic planning summit to draft its 2027 budget, seeking to modernize governance across its critical extractives sector while navigating tight fiscal constraints.

The meeting in Ponta do Ouro brings together government officials and industry planners to refine coordination, statistical management, and oversight. The effort comes during a pivotal period for the Southern African nation’s resource economy, which is undergoing sweeping legislative revisions, including a new Local Content Law and updated Mining and Petroleum acts.

Speaking at the opening session, Marcelina Joel, the ministry’s Director of Planning and Cooperation, emphasized the need for innovative planning strategies to fulfill state commitments despite limited financial resources.

“We are confident that, by the end of this meeting, we will have strengthened our skills to improve coordination and the performance of our daily work, fostering greater dynamism and speed in finding solutions to the challenges we face,” Joel said.

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Over the course of the summit, officials will focus on streamlining state budget execution, improving financial procedures, and implementing new digital tools to track sectoral data. The reforms aim to increase institutional agility as Mozambique seeks to enhance local participation and maximize revenue from its natural resource base.

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