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.

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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

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IMF's Work on Mozambique

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May 8, 2018

Sub-Saharan Africa is set to enjoy a modest growth uptick, and decisive policies are needed to both reduce vulnerabilities and raise medium-term growth prospects. Average growth in the region is projected to rise from 2.8 percent in 2017 to 3.4 percent in 2018, with growth accelerating in about two-thirds of the countries in the region aided by stronger global growth, higher commodity prices, and improved capital market access. On current policies, average growth in the region is expected to plateau below 4 percent—barely 1 percent in per capita terms—over the medium term. Turning the current recovery into sustained strong growth consistent with the achievement of the SDGs would require policies to both reduce vulnerabilities and raise medium-term growth prospects. Prudent fiscal policy is needed to rein in public debt, while monetary policy must be geared toward ensuring low inflation. Countries should also strengthen revenue mobilization and continue to advance structural reforms to reduce market distortions, shaping an environment that fosters private investment.   Read the Report

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Departmental Papers on Africa

Africa Departmental Papers Cover 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.

 

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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.