Republic of Mozambique: Second Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria; Staff Report; Debt Sustainability Analysis; Press Release; and Statement by the Executive Director for Republic of Mozambique
IMF Staff Country Reports, May 30, 2014
Source details
- Canonical URL
- Republic of Mozambique: Second Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria; Staff Report; Debt Sustainability Analysis; Press Release; and Statement by the Executive Director for Republic of Mozambique
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Bibliographic details
- Published: May 30, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498318426.002
Overview
- Purpose: Second Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria for the Republic of Mozambique.
- IMF staff recommendation: completion of the second PSI review.
- Date of publication: May 30, 2014.
- Format: IMF Staff Country Reports; Country Report No. 2014/148; Pages: 72; Issue: 148; Volume: 2014.
Macroeconomic performance (as reported)
- Growth is estimated at 7 percent for 2013.
- Sectors with strong performance: coal mining, construction, transport, communications, and financial services.
- Inflation: described as remaining low notwithstanding accommodative monetary policy and rapid credit expansion.
- Exchange rate developments:
- The real effective exchange rate was broadly stable in 2013.
- A nominal appreciation against the South African rand helped to limit inflation.
Program performance and policy recommendation
- Program performance to date: broadly satisfactory.
- IMF staff action: recommends completion of the second PSI review.
Key thematic coverage and keywords
- Subjects: Credit, Debt sustainability analysis, External debt, Fiscal risks, Public debt, Public financial management (PFM), Revenue administration.
- Keywords: collection effort, CR, Debt sustainability analysis, deficit, Fiscal risks, GDP, Global, IMF's framework, inflation environment, ISCR, maintaining inflation, natural resource exploitation, real GDP.
Content in this bundle
- Cr14148
- Cr14148p