The Impact of Fuel Policies on Price Control in Mozambique from 2015 to 2019

Authors

  • Filipe Mahaluça Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique Author
  • Abú Bacar Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique Author
  • Alfeu Vilanculos Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique Author
  • Júlio Macuacua Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique Author
  • Noé Bambissa Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique Author
  • Emidio Mabjaia Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique Author
  • Raimundo Bamo Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique Author

DOI:

https://doi.org/10.47363/JESMR/2020(1)114

Keywords:

Fuel, Stabilization, Effectiveness, Price Control Policy, Mozambique

Abstract

This article analyzes the impact of the price control policy on fuels in Mozambique, in view of the successive increases in the price of crude in the international market from 2015 to 2019. T he stabilization of the general price level is one of the biggest concerns of all States in the World and Mozambique is not an exception, as the opposite presupposes an increase in the cost of living and a consequent loss of purchasing power. T he results of this research shows that in the referred period, the fuel price control policy adopted by the Government of Mozambique had a positive impact in this sector, since the inflation rate is decreasing, although in the same period, the price of crude in the international market has grown at an average of 80% per year, corresponding to 62$ and an increase of 31$ from 2015 to 2019. From 2017 to 2018 there was disinflation in the price of fuel in Mozambique with the exception of Liquefied Petroleum Gases. However, there was a high inflation from 2016 to 2017, mainly influenced by lighting oil and diesel, which registered 36% and 33% respectively. T herefore, for any of the results obtained in both 2016, 2018 and 2019, we see that they are consistent with the purposes of price stabilization. Therefore, the impact of the adopted policies is positive. While price control in Mozambique is effective, it is necessary to carry out further research on these matters, to assess the impact of this policy on national oil companies.

Author Biographies

  • Filipe Mahaluça, Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

    Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

  • Abú Bacar, Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

    Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

  • Alfeu Vilanculos, Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

    Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

     

  • Júlio Macuacua, Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

    Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

  • Noé Bambissa, Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

    Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

  • Emidio Mabjaia, Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

    Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

  • Raimundo Bamo, Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

    Instituto Superior de Contabilidade e Auditoria de Moçambique (ISCAM)/ Higher Institute of Accounting and Audit of Mozambique (ISCAM), Mozambique

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Published

2025-11-22

Issue

Vol. 1 No. 4 (2020): Volume 1 Issue 4

Section

Articles