{
  "title": "Republic of Mozambique: Second Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria; Staff Report; Debt Sustainability Analysis; Press Release; and Statement by the Executive Director for Republic of Mozambique",
  "publication": "IMF Staff Country Reports, May 30, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-mozambique-second-review-under-the-policy-support-instrument-and-request-for-41602",
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  "summary": "This paper discusses Mozambique’s Second Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. Mozambique’s economy remains buoyant and recovered quickly from the severe floods in early 2013.",
  "publishDate": "2014-05-30",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Purpose: Second Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria for the Republic of Mozambique.\n- IMF staff recommendation: completion of the second PSI review.\n- Date of publication: May 30, 2014.\n- Format: IMF Staff Country Reports; Country Report No. 2014/148; Pages: 72; Issue: 148; Volume: 2014."
    },
    {
      "heading": "Macroeconomic performance (as reported)",
      "content": "- Growth is estimated at 7 percent for 2013.\n- Sectors with strong performance: coal mining, construction, transport, communications, and financial services.\n- Inflation: described as remaining low notwithstanding accommodative monetary policy and rapid credit expansion.\n- Exchange rate developments:\n  - The real effective exchange rate was broadly stable in 2013.\n  - A nominal appreciation against the South African rand helped to limit inflation."
    },
    {
      "heading": "Program performance and policy recommendation",
      "content": "- Program performance to date: broadly satisfactory.\n- IMF staff action: recommends completion of the second PSI review."
    },
    {
      "heading": "Key thematic coverage and keywords",
      "content": "- Subjects: Credit, Debt sustainability analysis, External debt, Fiscal risks, Public debt, Public financial management (PFM), Revenue administration.\n- Keywords: collection effort, CR, Debt sustainability analysis, deficit, Fiscal risks, GDP, Global, IMF's framework, inflation environment, ISCR, maintaining inflation, natural resource exploitation, real GDP.\n\n---\n\n Content in this bundle\n\n- Cr14148\n  - Cr14148 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Cr14148p\n  - Cr14148p (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cr14148p (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-mozambique-second-review-under-the-policy-support-instrument-and-request-for-41602"
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    "Published: May 30, 2014",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781498318426.002",
    "Purpose: Second Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria for the Republic of Mozambique.",
    "IMF staff recommendation: completion of the second PSI review.",
    "Date of publication: May 30, 2014.",
    "Format: IMF Staff Country Reports; Country Report No. 2014/148; Pages: 72; Issue: 148; Volume: 2014.",
    "Growth is estimated at 7 percent for 2013.",
    "Sectors with strong performance: coal mining, construction, transport, communications, and financial services.",
    "Inflation: described as remaining low notwithstanding accommodative monetary policy and rapid credit expansion.",
    "Exchange rate developments:",
    "Program performance to date: broadly satisfactory.",
    "IMF staff action: recommends completion of the second PSI review.",
    "Subjects: Credit, Debt sustainability analysis, External debt, Fiscal risks, Public debt, Public financial management (PFM), Revenue administration.",
    "Keywords: collection effort, CR, Debt sustainability analysis, deficit, Fiscal risks, GDP, Global, IMF's framework, inflation environment, ISCR, maintaining inflation, natural resource exploitation, real GDP.",
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