Republic Of Mozambique First Review Under The Policy Support Instrument PDF Download
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| Author | : International Monetary Fund. African Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 52 |
| Release | : 2014-01-28 |
| Genre | : Business & Economics |
| ISBN | : 1484390423 |
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This paper discusses Mozambique’s First Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. Mozambique’s macroeconomic outlook remains favorable and the PSI-supported program is broadly on track. All assessment criteria were met and most indicative targets, but there was some slippage on structural reforms. Economic growth is robust and inflation remains moderate. In spite of risks stemming from the uncertain global economy, growth is expected to be sustained in the medium term by the natural resource boom and infrastructure investment. Structural reforms along a broad policy spectrum should be implemented vigorously to foster sustained and more inclusive growth.
| Author | : David Nellor |
| Publisher | : |
| Total Pages | : 45 |
| Release | : 2008 |
| Genre | : |
| ISBN | : |
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| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 73 |
| Release | : 2008-01-14 |
| Genre | : Business & Economics |
| ISBN | : 1451827326 |
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The strong macroeconomic performance and the implementation of prudent fiscal and monetary policies and a flexible exchange rate regime have helped Mozambique to perform well under the Policy Support Instrument (PSI). Executive Directors advised to maintain macroeconomic stability and accelerate structural reforms to sustain rapid growth. Directors stressed the need for fiscal transparency and adopting regulations to the Mining and Petroleum Fiscal Regime laws. Directors appreciated the principles of the Extractive Industries Transparency Initiative, welcomed its monetary policy stance, and encouraged authorities to embark on revenue efforts to achieve the MDGs.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 59 |
| Release | : 2009-12-15 |
| Genre | : Business & Economics |
| ISBN | : 1451827393 |
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This paper discusses key findings of the Fifth Review Under the Policy Support Instrument for Mozambique, and findings of the First Review Under the Exogenous Shocks Facility. The country’s track record of prudent policies has provided ample space for easing macroeconomic policies in 2009. Revenues surpassed expectations in the first semester and the fiscal program was on track at end-September, although the government missed its end-June 2009 assessment/performance criterion on net domestic credit very marginally. The government has reiterated its commitment to its medium-term strategy of prudent macroeconomic policies.
| Author | : Roger Nord |
| Publisher | : |
| Total Pages | : 58 |
| Release | : 2009 |
| Genre | : |
| ISBN | : |
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| Author | : Mark Plant |
| Publisher | : |
| Total Pages | : 65 |
| Release | : 2009 |
| Genre | : |
| ISBN | : |
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| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 67 |
| Release | : 2009-02-10 |
| Genre | : Business & Economics |
| ISBN | : 1451827350 |
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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.
| Author | : International Monetary Fund. African Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 52 |
| Release | : 2013-01-04 |
| Genre | : Business & Economics |
| ISBN | : 1475542402 |
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Despite the difficult global environment, economic growth in Mozambique has remained buoyant. Inflation has come down more rapidly than anticipated. Foreign direct investment in the natural resource sector has resulted in rapid import growth. The contribution of coal production and exports and the implementation of large infrastructure projects are projected to boost economic growth. However, capacity building is urgently needed for the country to secure full benefits from an imminent natural resource boom. New mining and hydrocarbon framework laws have also been prepared.
| Author | : International Monetary Fund Staff |
| Publisher | : International Monetary Fund |
| Total Pages | : 71 |
| Release | : 2012-06-25 |
| Genre | : |
| ISBN | : 1475506163 |
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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
| Author | : International Monetary Fund. African Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 80 |
| Release | : 2015-08-04 |
| Genre | : Business & Economics |
| ISBN | : 1513533568 |
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This paper discusses Republic of Mozambique’s Fourth Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. Although program performance at end-2014 was mixed, the implementation of the structural reform agenda has improved, and the new government has expressed strong commitment to program implementation, including through strong policy adjustment, credible corrective measures, and new steps to improve fiscal transparency. Maintaining fiscal discipline over the medium term through a more prudent debt management strategy will be essential to preserve debt sustainability. The IMF staff recommends the completion of the fourth PSI review.
