This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Mozambique and the IMF. Additional information can be found on Mozambique and IMF country page, including official IMF reports and Executive Board documents that deal with Mozambique.

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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

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Regional Economic Outlook

October 11, 2018

Capital Flows and The Future of Work

The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. While fiscal imbalances are being contained in many countries, the adjustment has typically occurred through a combination of higher commodity revenues and sharp cuts in capital spending, with little progress on domestic revenue mobilization. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to absorb the likely flow of new entrants into labor markets. The outlook is surrounded by significant downside risks, particularly considering the elevated policy uncertainty in the global economy. Shielding the recovery and raising medium-term growth would require reducing debt vulnerabilities and creating fiscal space through more progress on domestic revenue mobilization, and policies to achieve strong sustainable and inclusive growth.


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Departmental Papers on Africa

Africa Departmental Papers Cover 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.