Republic of Mozambique : Fourth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria: Staff Report; Debt Sustainability Analysis; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Mozambique.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/148

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Mozambique.

International Monetary Fund.

Fiscal policy--Mozambique.

Fiscal policy.

Monetary policy--Mozambique.

Monetary policy.

Physical Description:

1 online resource (99 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

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 inclusive growth, the government has launched a series of initiatives to implement the Poverty Reduction Strategy including an overhaul of social protection programs. Reform momentum needs to be maintained, as implementation challenges are enormous and administrative capacity and coordination need to be upgraded.

Contents:

Cover; CONTENTS; I. BACKGROUND AND RECENT DEVELOPMENTS; FIGURES; 1. Economic Developments in the Global context; 2. Inflation and Monetary Developments; II. ECONOMIC OUTLOOK AND POLICY DISCUSSIONS; A. SHORT-TERM CHALLENGE: MITIGATING THE IMPACT OF THE GLOBAL SLOWDOWN; 3. Fiscal Developments; BOXES; 1. Banking Vulnerabilities and Financial Sector Regulation; B. MEDIUM-TERM POLICIES: PROMOTING INCLUSIVE AND SUSTAINABLE GROWTH; 2. Identifying Fiscal Space for a Social Protection Floor in Mozambique; III. PROGRAM ISSUES; IV. STAFF APPRAISAL; TABLES

1. Selected Economic and Financial Indicators, 2009-172. Government Finances, 2009-12; 3. Government Finances, 2009-17; 4. Monetary Survey, Quarterly, 2009-12; 6. Financial Soundness Indicators for Banking Sector, 2001-11; 7. Quantitative Assessment Criteria and Indicative Targets; 8. Structural Conditionality Under the Current PSI, 2011-12; APPENDICES; I. LETTER OF INTENT; ATTACHMENT 1: Memorandum of Economic and Financial Policies; ATTACHMENT 2: Technical Memorandum of Understanding; II. RESERVE ADEQUACY ASSESSMENT; CONTENTS; APPENDIX I. RELATIONS WITH THE FUND

APPENDIX II. WORLD BANK-IMF COLLABORATIONAPPENDIX III. STATISTICAL ISSUES

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9781475509700

1475509707

9781475590388

1475590385