This paper presents the staff report on the Republic of Mozambique’s Third Review under the policy support instrument. Mozambique is vulnerable to the global financial crisis and economic slowdown. Lower import prices will help reduce inflation and likely benefit the trade balance. Lower...

This paper discusses Zimbabwe’s request for targeted lifting of the suspension of fund technical assistance. Zimbabwe’s cooperation on payments has remained poor: during the period April 2008–March 2009, the IMF received SDR 0.3 million. The government’s forward-looking policy intentions...