IMF Staff Country Reports

Republic of Mozambique: Request for a New Three-Year Arrangement Under the Poverty Reduction and Growth Facility

November 1, 2004

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Republic of Mozambique: Request for a New Three-Year Arrangement Under the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

This paper examines Mozambique’s Request for a New Three-Year Arrangement Under the Poverty Reduction and Growth Facility. Mozambique’s performance under the authorities’ program continues to be generally satisfactory. Real GDP growth remained strong in 2003, real interest rates have declined, the external position has been further strengthened, and major inroads have been made in reducing poverty. The program for 2004 incorporates a number of structural measures aimed at removing remaining obstacles to private sector development and strengthening external competitiveness, which will be followed by additional actions in 2005–06.

Subject: Asset and liability management, Banking, Debt relief, External debt, Foreign exchange, Poverty, Poverty reduction, Poverty reduction strategy, Public debt

Keywords: Africa, Approval of the arrangement, CR, Debt relief, Disbursement of SDR, Final decision of the IMF Executive Board, Gas pipeline, ISCR, Mozambique's Poverty Reduction and Strategy Paper, Poverty reduction strategy, PRGF loan, Southern Africa, Staff appraisal

Publication Details

  • Pages:

    100

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/342

  • Stock No:

    1MOZEA0062004

  • ISBN:

    9781451928198

  • ISSN:

    1934-7685