Republic of Mozambique : Third Review Under the Poverty Reduction and Growth Facility

Author/Editor:

International Monetary Fund

Publication Date:

October 12, 2001

Electronic Access:

Free Full text (PDF file size is 1566 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Mozambique showed commendable economic performance owing to its strong policy implementation, under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors welcomed this development, and stressed the need for macroeconomic stability, tightening of fiscal and monetary policies, and accelerating structural reforms. They welcomed the plan of not recapitalizing the commercial bank Banco Austral (BA), and emphasized the need for effective banking supervision. They agreed that the country has successfully completed the third review under the PRGF Arrangement, and approved concessional assistance.

Series:

Country Report No. 01/179

Subject:

English

Publication Date:

October 12, 2001

ISBN/ISSN:

9781451827149/1934-7685

Stock No:

1MOZEA0032001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

54

Please address any questions about this title to publications@imf.org