Republic of Mozambique : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Financing Assurances Review, and Request for Modification of Performance Criteria

Author/Editor:

International Monetary Fund

Publication Date:

July 11, 2006

Electronic Access:

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Summary:

Mozambique’s strong macroeconomic performance continued in 2005 and early 2006, despite exogenous shocks. Fiscal results were commendable, and all performance criteria through end-March 2006 were met. Although the macroeconomic outlook remains favorable, vigilance will be required, in light of volatile oil prices and unpredictable weather. The main challenges are sustaining broad-based economic growth and making further inroads in alleviating poverty through the implementation of a poverty reduction strategy for 2006–09. The authorities’ commitment to create sufficient fiscal space for priority investments is welcomed.

Series:

Country Report No. 06/254

Subject:

English

Publication Date:

July 11, 2006

ISBN/ISSN:

9781451827279/1934-7685

Stock No:

1MOZEA2006002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

94

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