IMF Staff Country Reports

Republic of Mozambique: 2009 Article IV Consultation, Fourth Review Under the Policy Support Instrument, and Request for a Twelve-Month Arrangement Under the Exogenous Shocks Facility: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Mozambique

July 31, 2009

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Republic of Mozambique: 2009 Article IV Consultation, Fourth Review Under the Policy Support Instrument, and Request for a Twelve-Month Arrangement Under the Exogenous Shocks Facility: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Mozambique, (USA: International Monetary Fund, 2009) accessed September 20, 2024

Summary

This 2009 Article IV Consultation highlights that against a backdrop of a highly uncertain global economic environment, Mozambique’s macroeconomic prospects remain positive, but have weakened. The scope for supportive macroeconomic policies to offset the impact of the global economic slowdown is curtailed by the large projected decline in external reserves. Executive Directors have welcomed Mozambique’s continued strong macroeconomic performance in 2008. Directors have also commended the authorities’ flexible policy response to higher fuel and food import prices, which has helped to mitigate the impact of these shocks.

Subject: Capital inflows, Capital inflows, Credit, Credit, Currencies, Currencies, Exports, Exports, Imports, International trade, Monetary base, Money, Public debt, Public debt

Keywords: Balance of payments difficulty, CR, Credit, Exports, Financing, GDP, Global, Imports, ISCR, Monetary base, Mozambique candidacy, Mozambique's competitiveness, Policy support, Price, Trading pattern

Publication Details

  • Pages:

    80

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2009/227

  • Stock No:

    1MOZEA2009004

  • ISBN:

    9781451827385

  • ISSN:

    1934-7685

Notes

Also available in Portuguese

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