Republic of Mozambique: Third Review Under the Three-Year Arrangement Under the Extended Credit Facility, Requests for Modification of the Monetary Policy Consultation Clause, Waiver of Nonobservance of Quantitative Performance Criterion, Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Mozambique
Electronic Access:
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Summary:
The economy continues growing steadily. Inflation pressures have declined sharply reflecting lower food and fuel prices. A fiscal correction is ongoing following the fiscal slippages from implementation challenges related to the single salary scale adopted in 2022. The security situation in the north has improved and general elections are planned for October 2024. Mozambique is facing tight domestic financing conditions combined with an external funding squeeze.
Series:
Country Report No. 2024/008
Subject:
Debt sustainability analysis Expenditure External debt International organization Monetary policy Public debt Revenue administration
Frequency:
regular
English
Publication Date:
January 16, 2024
ISBN/ISSN:
9798400264757/1934-7685
Stock No:
1MOZEA2024001
Format:
Paper
Pages:
121
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