IMF Staff Country Reports

Republic of Mozambique: Staff Report for the 2003 Article IV Consultation

Publication Date:

March 5, 2004

Electronic Access:

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Summary:

Mozambique's performance under the authorities' program during the first three quarters of 2003 continued to be satisfactory. The discussions focused on the macroeconomic policies for 2004–06 and the government's plans to address pending structural reforms to broaden and sustain growth and further reduce poverty. Discussions on structural issues concentrated on the authorities' plans to remove a number of obstacles to private sector development. A strengthened monetary and exchange rate management will be essential in Mozambique, particularly in view of the high degree of dollarization.

Series:

Country Report No. 2004/050

Subject:

Asset and liability management Banking Central banks Debt relief Debt service External debt International reserves Public debt