Republic of Mozambique : Second Review Under the Policy Support Instrument and Request for Waiver of Nonobservance of Assessment Criteria; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Mozambique

Author/Editor:

International Monetary Fund

Publication Date:

July 8, 2008

Electronic Access:

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Summary:

This paper discusses key findings of the Second Review Under the Policy Support Instrument for Mozambique. Overall performance under the program was satisfactory but encountered unexpected challenges. Domestic revenues were stronger than envisaged, but the end-December 2007 assessment criterion (AC) on net credit to government (NCG) was missed largely because of aid shortfalls for onlending to public enterprises and deficiencies in cash-flow management that are being addressed. Monetary policy remained prudent, but the end-year AC on reserve money was missed.

Series:

Country Report No. 08/220

Subject:

Notes:

Also available in Portuguese

English

Publication Date:

July 8, 2008

ISBN/ISSN:

9781451827347/1934-7685

Stock No:

1MOZEA2008003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

73

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