Republic of Mozambique: Fifth Review Under The Policy Support Instrument And Request For Modification Of Assessment Criteria
January 4, 2013
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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.
Subject: Credit, Economic sectors, Environment, External debt, Financial institutions, Imports, Loans, Mining sector, Money, Non-renewable resources
Keywords: CR, Credit, credit growth, feasibility study, Global, hydrocarbon revenue forecasting, import price development, inflation environment, inflation rate, ISCR, Loans, lower-than-projected inflation, maize price, Mining sector, natural resource sector, natural resource wealth, net international reserves, Non-renewable resources, price expectation, revenue underperformance
Pages:
52
Volume:
2013
DOI:
Issue:
001
Series:
Country Report No. 2013/001
Stock No:
1MOZEA2013001
ISBN:
9781475542400
ISSN:
1934-7685
