Context and policy challenges. Mozambique’s macroeconomic performance remains robust, with strong growth and low inflation. In spite of the heightened risks from an uncertain global outlook, growth is expected to be broad-based in the medium term and boosted by the natural resource boom...

The Mozambican economy recorded a strong performance in 2011, showing little sign of being affected by the global turmoil. Given the declining trend in foreign aid in the medium term, the government is tapping more into nonconcessional borrowing to close the infrastructure gap. To promote...

This chapter discusses key findings of the Poverty Reduction Strategy Paper progress report on the Republic of Mozambique. The monitoring of 62 output indicators of the 2013 Plano Económico e Social showed that 44 percent of the indicators have achieved the planned targets, 50 percent have not...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

This paper reviews Mozambique’s economic and social plan for 2003. It presents the actions that have been taken to improve the current planning instrument. The paper outlines the social and demographic profile of Mozambique and reviews the extent to which the current strategy for the reduction...

This paper discusses Mozambique’s Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Modification of Performance Criteria. Performance under the program has been broadly satisfactory so far in 2005. All quantitative and...

This report provides a reassessment of fiscal transparency practices in Mozambique. The reassessment is conducted against the results of Report on the Observance of Standards and Codes (ROSC) on fiscal transparency, which identified serious transparency shortcomings and updates of the ROSC,...

Mozambique’s strong macroeconomic performance continued in 2005 and early 2006, despite exogenous shocks. Fiscal results were commendable, and all performance criteria through end-March 2006 were met. Although the macroeconomic outlook remains favorable, vigilance will be required, in light of...

The strong macroeconomic performance and the implementation of prudent fiscal and monetary policies and a flexible exchange rate regime have helped Mozambique to perform well under the Policy Support Instrument (PSI). Executive Directors advised to maintain macroeconomic stability and accelerate...

This paper highlights Mozambique’s 2005 Article IV Consultation, Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for Waiver of Performance Criteria, and Modification of Performance Criteria. The performance under the program...