Republic of Mozambique: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Financing Assurances Review

February 2, 2007

Preview Citation

Format: Chicago

Republic of Mozambique: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Financing Assurances Review, (USA: International Monetary Fund, 2007) accessed November 23, 2024

Summary

The Fifth Review Under the Three-Year Arrangement under the Poverty Reduction and Growth Facility of the Republic of Mozambique explains macroeconomic performance. Growth has picked up, led by strength in the construction sector and a recovery in agricultural production. The strategy to consolidate macroeconomic stability in the context of scaling-up of foreign aid should sustain strong growth. The Bank of Mozambique (BM) will continue to target base money and facilitate absorption of the additional foreign aid while a strengthening of Public Financial Management (PFM) systems ensure a better monitoring of expenditures.

Subject: Banking, Expenditure, Foreign aid, Health, Public financial management (PFM), Total expenditures

Keywords: Cahora Bassa dam, CR, Global, Government, Group mission, Hidroeletrica de Cahora Bassa, ISCR, Petroleum sector, Recourse financing, Staff appraisal, Total expenditures, World Bank staff

Publication Details

Pages:

82
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/036
Stock No:

1MOZEA2007001
ISBN:

9781451827286
ISSN:

1934-7685

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