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
Apresentação para a Câmara de Comércio Moçambique-Estados Unidos da América, Ari Aisen
April 12, 2017
Presentation to Donor Coordination Platform, Ari Aisen, IMF Resident Representative for Mozambique
April 6, 2017
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
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
June 2, 2014
IMF's Work on Mozambique
April 23, 2017
April 7, 2017
Author/Editor:Louise Fox | Alun H. Thomas | Cleary Haines
March 23, 2017
March 9, 2017
February 9, 2017
Regional Economic Outlook
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 in Mauritius
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.