IMF Office in Mozambique

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At a Glance

• Current IMF membership: 190 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 227.2 million
• Outstanding Purchases and Loans: SDR 183.18 million (June 30, 2019)
• Last Article IV Consultation: The 2019 Article IV consultation staff report was discussed by the Executive Board on June 3, 2019. (Country Report No. 19/166)

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Office Activities

• Economic Growth in Mozambique: the Role of Human Capital

  Economic Growth in Mozambique: the role of Human Capital (available in Portuguese only) delivered on February 16, 2023 in Maputo at the Trade, Industry and Services Association (ACIS) Workshop.

  February 16, 2023

• Presentation of the Regional Economic Outlook for Sub-Saharan Africa and Mozambique delivered on November 07, 2022 in Maputo.

  Presentation in Portuguese only.

  November 7, 2022

• LIC DSFx course in Portuguese will launch at the beginning of August 2022.

  Access Flyer for more information on how to register to IMF online course in Portuguese.

  July 25, 2022

• Presentation of the April 2022 Regional Economic Outlook for Sub-Saharan Africa and Mozambique.

  Resident Representative Alexis Meyer Cirkel delivers the following REO presentation in Maputo: Outro choque, menos opções (in Portuguese only).

  May 19, 2022

• Presentation to the Trade, Industrial and Services Association Workshop

  Resident Representative Alexis Meyer Cirkel delivers the following presentation Desenvolvimentos recentes e perspectivas para economia Moçambicana (in Portuguese only).

  April 28, 2022

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IMF's Work on Mozambique

• Republic of Mozambique: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility, Requests for Modification of The Monetary Policy Consultation Clause, Waivers of Nonobservance for Quantitative Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Mozambique

  July 13, 2023

  Series:Country Report No. 2023/255
  

• Transcript of IMF Press Briefing

  July 13, 2023

  Press Briefing by Julie Kozack, Director, Communications Department – July 13, 2023 at 9:30 a.m.

• IMF Executive Board Completes the Second Review under the Extended Credit Facility Arrangement for the Republic of Mozambique

  July 6, 2023

  The Executive Board of the International Monetary Fund (IMF) completed the Second Review under the three-year ECF arrangement for Mozambique. This allows for the immediate disbursement of SDR 45.44 million (about US$ 60.6 million), usable for budget support, bringing Mozambique’s total disbursements under the ECF arrangement to SDR 159.04 million (about US$ 212.09 million).

• IMF Staff Concludes Visit to Mozambique

  May 6, 2023

  IMF staff and the Mozambican authorities have discussed performance and policies underpinning the second review of the program under the ECF arrangement. Discussions were fruitful and will continue in the coming weeks to try and reach Staff Level Agreement.

• Economic Growth in Sub-Saharan Africa Could Permanently Decline if Geopolitical Tensions Escalate

  May 1, 2023

  Countries will need to build resilience to manage the inevitable shifts in trade and foreign direct investment.

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Regional Economic Outlook

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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.