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CONSTITUTION OF THE REPUBLIC OF MOZAMBIQUE Article 128 Economic and Social Plan 1. The purpose of the Economic and Social Plan is to guide economic and social development towards sustainable growth, to reduce regional imbalances and progressively to eliminate economic and social differences between cities and the countryside. 2. The Economic and Social Plan shall be expressed financially in the State Budget. 3. The draft Economic and Social Plan shall be submitted to the Assembly of the Republic, together with reports on the major global and sectoral options, including information to substantiate them. Article 129 Drafting and Execution of the Economic and Social Plan 1. The Government shall draft the Economic and Social Plan on the basis of its five-year programme. 2. The draft Economic and Social Plan shall be submitted to the Assembly of the Republic and shall contain a forecast of the macroeconomic aggregates and the actions to be taken in pursuit of the sectoral development goals, and it shall be accompanied by implementation reports to substantiate it. 3. The drafting and implementation of the Economic and Social Plan shall be decentralised by province and by sector. Article 130 State Budget 1. The budget shall be unitary, shall specify revenue and expenditure, and shall at all times respect the rules on annual publication and on publicity, in accordance with the law. 2. The budget may comprise multi-annual programmes or projects, in which case the budget shall present the expenditure in respect of the particular year to which it refers. 3. The State Budget bill shall be drafted by the Government and presented to the Assembly of the Republic, and it shall contain information to substantiate revenue forecasts, limits on expenditure, deficit financing, as well as all information to substantiate budgetary policy. Translation by MOZLEGAL – Mozambique's Legal Resource Portal www.mozlegal.com [email protected] Tel: +258 1 496900 – Fax: +258 1 496802 Directors: José Caldeira - [email protected] & Adrian Frey - [email protected] MOZLEGAL is a Project of José Caldeira & Associados - Attorneys & Consultants 39

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