IMF -- Resident Representative Office in Mozambique

This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Mozambique and the IMF. Additional information can be found on Mozambique and IMF country page, including official IMF reports and Executive Board documents that deal with Mozambique.

Key Facts
At a Glance
Office Activities
IMF's Work on Mozambique

Regional Economic Outlook
Departmental Papers on Africa
IMF Opens Africa Training Institute

Key Facts

Fund's Engagement with Mozambique
Also Available in Portuguese

At a Glance

Current IMF membership: 189 countries
Mozambique Joined the Fund in September 24, 1984; Article XIV
The Government of Mozambique has notified the International Monetary Fund (IMF) that it has accepted the obligations of Article VIII, Sections 2, 3, and 4 of the IMF Articles of Agreement, effective May 20, 2011
Total Quotas: SDR 113.6 Million
Outstanding Purchases and Loans: ESF Arrangements SDR 113.60 Million, ECF Arrangements SDR 8.77 Million
Last PSI Review: The Fourth Review Under the Policy Support Instrument was completed on July 6, 2012, (Country Report No. 12/148), July 15, 2012

Also available in Portuguese

Last Article IV Consultation: The 2011 Article IV consultation staff report was discussed by the Executive Board on June 17, 2011 (Country Report No. 11/149), June 28, 2011

Also available in Portuguese

Office Activities

Reiniciar o Motor de Crescimento Perspectivas Económicas Regionais para a África Subsariana e Moçambique

Ari Aisen

May 31, 2017
Moçambique: Desenvolvimentos Económicos Recentes, Discussões do Programa e Assistência Técnica

Apresentação para a Câmara de Comércio Moçambique-Estados Unidos da América, Ari Aisen

April 12, 2017
Mozambique: Recent Economic Developments, Program Discussions and Technical Assistance

Presentation to Donor Coordination Platform, Ari Aisen, IMF Resident Representative for Mozambique

April 6, 2017
Statement by Ari Aisen, IMF Resident Representative in Mozambique

In response to news reports on the IMF’s stance regarding the recent decision by the Mozambique authorities to forego payment on its Eurobond coupon, I would like to emphatically state that the IMF has not expressed any views on the country’s debt repayment priorities. News items reporting such a positioning by the Fund are incorrect and misrepresent the IMF’s views. At the January 26th press conference in Washington DC, Mr. William Murray, the IMF’s deputy spokesman merely clarified the IMF’s policy with regard to financial support to member countries with external arrears to private creditors. A full transcript can be found via the link above.

February 2, 2017
Statement by Ari Aisen, IMF Resident Representative in Mozambique (Portuguese)

Em resposta a relatos relativos à posição do FMI relativamente à decisão recente das autoridades moçambicanas de não efectuar o pagamento do seu cupão do Eurobond, gostaria de, enfaticamente, afirmar que o FMI não expressou qualquer ponto de vista sobre as prioridades de pagamento de dívida do país. As notícias que referem uma tal posição por parte do Fundo são incorrectas e são uma afirmação falsa dos pontos de vista do FMI. Na conferência de imprensa de 26 de Janeiro em Washington DC, o Sr. William Murray, o porta-voz adjunto do FMI, limitou-se a esclarecer a política do FMI relativa ao apoio financeiro aos seus países-membros com atrasados externos a credores privados. Poderá encontrar-se uma transcrição integral aqui.

February 2, 2017

IMF's Work on Mozambique

The Informal Economy in Sub-Saharan Africa : Size and Determinants

July 10, 2017

Author/Editor:Leandro Medina | Andrew W Jonelis | Mehmet Cangul
Series:Working Paper No. 17/156
IMF Statement on the Publication of the Summary of the Audit Report on Mozambique’s Undisclosed Loans

June 24, 2017
Transcript of IMF Press Briefing

June 8, 2017
Transcript of African Department Press Briefing

April 23, 2017
Structural Transformation in Employment and Productivity : What Can Africa Hope For?

April 7, 2017

Author/Editor:Louise Fox | Alun H. Thomas | Cleary Haines

Regional Economic Outlook

Sub-Saharan Africa: Restarting the Growth Engine

May 2017

Growth momentum in sub-Saharan Africa remains fragile, marking a break from the rapid expansion witnessed since the turn of the millennium. 2016 was a difficult year for many countries, with regional growth dipping to 1.4 percent—the lowest level of growth in more than two decades. Most oil exporters were in recession, and conditions in other resource-intensive countries remained difficult. Other nonresource-intensive countries however, continued to grow robustly. A modest recovery in growth of about 2.6 percent is expected in 2017, but this falls short of past trends and is too low to put sub-Saharan Africa back on a path of rising living standards. While sub-Saharan Africa remains a region with tremendous growth potential, the deterioration in the overall outlook partly reflects insufficient policy adjustment. In that context, and to reap this potential, strong and sound domestic policy measures are needed to restart the growth engine. Read the report

Departmental Papers on Africa

The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

IMF Opens Africa Training Institute

The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.

IMF Office in Mozambique