Republic of Mozambique: Third Review Under the Policy Support Instrument: Staff Report; Staff Supplement; and Press Release

February 10, 2009

Preview Citation

Format: Chicago

Republic of Mozambique: Third Review Under the Policy Support Instrument: Staff Report; Staff Supplement; and Press Release, (USA: International Monetary Fund, 2009) accessed November 21, 2024

Summary

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 export volumes and reduced private capital inflows are expected to reduce economic growth. The turbulence could also spread to the financial system despite its limited integration into global financial markets. The government is focusing on strengthening policy operations, giving special attention to the tax system and public financial management.

Subject: Balance of payments statistics, Banking, Credit, Economic and financial statistics, External debt, Money, National accounts, Public and publicly-guaranteed external debt, Public debt

Keywords: Africa, Balance of payments statistics, CR, Credit, GDP deflator, Global, Growth takeoff, ISCR, Liability positions vis-à-vis nonresident, Nation's economic reform effort, Plano de Acçãopara Redução da Pobreza Absoluta, Real GDP, Strategy, Three-year Policy Support Instrument

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/049
Stock No:

1MOZEA2009001
ISBN:

9781451827354
ISSN:

1934-7685

Notes

Full text also available in Portuguese.

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