IMF Staff Country Reports

Republic of Mozambique: First Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria—Staff Report; Press Release

January 28, 2014

Download PDF

Preview Citation

Format: Chicago

Republic of Mozambique: First Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria—Staff Report; Press Release, (USA: International Monetary Fund, 2014) accessed November 25, 2024

Summary

The Executive Board of the IMF has completed the first review under the three-year Policy Support Instrument (PSI) for Mozambique. Mozambique’s macroeconomic performance remains strong: real GDP growth for 2013 is estimated at 7.1 percent and inflation remains moderate. The PSI-supported program is broadly on track. Structural reforms along a broad policy spectrum should be implemented vigorously to foster sustained and more inclusive growth. With foreign aid likely to decline over the medium term, increased nonconcessional borrowing can provide additional resources for improving physical infrastructure and human capital. Further strengthening debt management and investment planning and implementation are essential to ensure value for money, maximize the efficiency of investment, and preserve debt sustainability.

Subject: Budget planning and preparation, Capital gains tax, Credit, Money, Public debt, Public financial management (PFM), Revenue administration, Taxes

Keywords: Budget planning and preparation, Capital gains tax, CR, Credit, Global, Infrastructure investment, ISCR, Loan participation, Low-inflation environment, Macroeconomic performance, Net basis, Outlook

Publication Details

  • Pages:

    52

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2014/020

  • Stock No:

    1MOZEA2014001

  • ISBN:

    9781484390429

  • ISSN:

    1934-7685

Notes

Also Available in Portuguese

You May Also Be Interested In...

2024 Review Of The Fund’s Transparency Policy And Open Archives Policy—Background Paper 3 On Key Concepts And Supportive Analysis

November 25, 2024

Morocco: Second Review Under The Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Morocco

November 25, 2024

Tonga: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tonga

November 25, 2024

Bilateral Trade in Services and Exchange Rates: Evidence of Dominant Currency Pricing

November 22, 2024