IMF Staff Country Reports

Republic of Mozambique: Fifth Review Under The Policy Support Instrument And Request For Modification Of Assessment Criteria

Publication Date:

January 4, 2013

Electronic Access:

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Summary:

Despite the difficult global environment, economic growth in Mozambique has remained buoyant. Inflation has come down more rapidly than anticipated. Foreign direct investment in the natural resource sector has resulted in rapid import growth. The contribution of coal production and exports and the implementation of large infrastructure projects are projected to boost economic growth. However, capacity building is urgently needed for the country to secure full benefits from an imminent natural resource boom. New mining and hydrocarbon framework laws have also been prepared.

Series:

Country Report No. 2013/001

Subject:

Credit Economic sectors Environment External debt Financial institutions Imports Loans Mining sector Money Non-renewable resources

Notes:

Also Available in Portuguese