Financial Risks Arising from Planning and Budget Programming in the Mozambican Public Administration

Abstract

The Mozambican public administration suffered and suffered from a scenario of crises and uncertainties in the social, professional and scientific domain. Given this, it is essential to understand the possible risks that public administration entities run on several fronts; in terms of defining baking, programming, drawing up and executing the Budget, consequences for the achievement of its institutional objectives in fulfilling its professional and social function, in addition to focusing on a better use of resources and thus achieving greater efficiency and effectiveness. The objective of the work was to develop a model for identifying budgetary-financial risks, budgetary risks arising from the operation of Mozambican public administration services, based on the economic and social plan, audit reports issued by the external control body (Administrative Court and the entity's internal control). The study's methodology configures it as an applied, qualitative research and outlined in diversified studies of entities at the level of the capital, starting from the Municipal Council of Maputo City and aimed to identify which risks a specific institution is susceptible to and the possible consequences that arise from them in the public sector of public administration, the presentation and discussion of results was carried out simultaneously. In the end, from the model developed for analysis, it was concluded that the main risks come from the lack of training of public servants, deficiency in budget planning and operational delays, wrong decision-making, misuse of public funds, economic losses and financial.