Republic of Mozambique: First Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria—Staff Report; Press Release
IMF Staff Country Reports, January 28, 2014
Source details
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- Republic of Mozambique: First Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria—Staff Report; Press Release
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Bibliographic details
- Published: January 28, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484390429.002
Macroeconomic performance
- Real GDP growth for 2013 is estimated at 7.1 percent.
- Inflation remains moderate.
- The PSI-supported program is broadly on track.
Fiscal and structural outlook
- Structural reforms across a broad policy spectrum are recommended to foster sustained and more inclusive growth.
- With foreign aid likely to decline over the medium term, increased nonconcessional borrowing is identified as a source of additional resources for improving physical infrastructure and human capital.
- Emphasis on vigorous implementation of reforms to support long-term growth objectives.
Debt management and investment
- Further strengthening of debt management is essential to preserve debt sustainability.
- Improved investment planning and implementation are necessary to ensure value for money and maximize the efficiency of investment.
Content in this bundle
- Mozambique: Impact of Global Developments
- _cr1420p