Mozambique: First Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Staff Report; and Press Release
December 20, 2010
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Mozambique continues to show a strong economic performance. The inflation expectations require a tightening of the macroeconomic policy mix. Executive Directors commended the role of government in sustaining economic growth by accelerating the public investment program. Engaging development partners and civil society to make the growth strategy more inclusive and allowing Mozambicans to participate in economic growth and the determination in fighting inflation is welcome. The fuel price policy has contributed to substantial costs to Mozambique’s fiscal and external accounts, and poses future risks.
Subject: Credit, Fuel prices, Inflation, Monetary base, Money, Prices, Public debt, Public financial management (PFM)
Keywords: CR, Credit, fiscal policy, food import price, Global, headline inflation, Inflation, ISCR, liability positions vis-à-vis nonresident, Monetary base, support Mozambique's competitiveness, tightening of fiscal and monetary policies
Pages:
66
Volume:
2010
DOI:
Issue:
375
Series:
Country Report No. 2010/375
Stock No:
1MOZEA2010003
ISBN:
9781455212941
ISSN:
1934-7685
